2012 New York Consolidated Laws
LAB - Labor
Article 27 - (870-A - 870-O) CARNIVAL, FAIR AND AMUSEMENT PARK SAFETY
870-F - Liability insurance.

 
    §  870-f.  Liability  insurance.  Before  the commissioner may issue a
  permit to the owner or lessee of an amusement device, viewing  stand  or
  tent,  the  owner  or lessee of such device, viewing stand or tent shall
  furnish the commissioner with proof that he has purchased  insurance  or
  posted  cash  or  other  security in an amount not less than one million
  dollars per occurrence or a bond in an amount not less than two  million
  five  hundred  thousand  dollars  in the aggregate against liability for
  injury to persons arising out  of  the  use  of  the  amusement  device,
  viewing  stand  or  tent.  In  the  event  such  liability  insurance is
  cancelled, the insurer shall give thirty  days'  prior  notice  of  such
  cancellation to the commissioner.