2009 Louisiana Laws TITLE 40 Public health and safety :: RS 40:1484.9 Insurance; bond

§1484.9.  Insurance; bond

A.  No person shall operate an amusement attraction or ride unless at the time there is in existence:

(1)  A policy of insurance in an amount of not less than one million dollars insuring the operator against liability for injury suffered by persons riding the amusement attraction or ride; or

(2)  A bond in a like amount; provided, the aggregate liability of the surety under any such bond shall not exceed the face amount thereof.

B.  A certificate verifying coverage shall be filed with the office of the state fire marshal, code enforcement and building safety.

C.  In the event of cancellation of the policy or bond the assistant secretary shall be notified immediately by either the insurer or the bond holder no later than ten days prior to cancellation.

D.  The operator shall provide to any sponsor, lessor, landowner, or other person responsible for the offering of an amusement ride or attraction for public use a copy of the required insurance policy or bond and the inspection certificate issued by the assistant secretary.

E.  The provisions of this Section shall also apply to operators of air-supported structures.  However, the policy of liability insurance or bond amount required of such operators shall be in an amount of not less than three hundred thousand dollars.

Added by Acts 1985, No. 733, §1; Acts 1997, No. 878, §1; Acts 1998, 1st Ex. Sess., No. 130, §1; Acts 2005, No. 389, §1.