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(a) A person may not operate an amusement ride unless the
person:
(1) has had the amusement ride inspected at least once a
year by an insurer or a person with whom the insurer has contracted;
(2) obtains a written certificate from the insurer or
person with whom the insurer has contracted stating that the amusement ride:
(A) has been inspected;
(B) meets the standards for insurance coverage; and
(C) is covered by the insurance
(3) has a combined single limit or split limit insurance
policy currently in effect written by an insurance company authorized to do
business in this state, insuring the owner or operator against liability for
injury to persons arising out of the use of the amusement ride in an amount
of not less than:
(A) for Class A amusement rides:
(i) $100,000 bodily injury and $50,000 property damage per
occurrence with a $300,000 annual aggregate; or
(ii) a $150,000 per occurrence combined single limit with a
$300,000 annual aggregate; and
(B) for Class B amusement rides:
(i) $1,000,000 bodily injury and $500,000 property damage
per occurrence; or
(ii) $1,500,000 per occurrence combined single limit; |
