198B.4027 Proof of insurance -- Minimum coverage. (Effective July 1, 2011)
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<![CDATA[ Page 1 of 1 198B.4027 Proof of insurance -- Minimum coverage. (Effective July 1, 2011) Elevator contractors shall submit proof of insurance to the department for an insurance <br>policy issued by an insurance company or other legal entity permitted to transact <br>insurance business in Kentucky, providing: <br>(1) General liability coverage of at least one million dollars ($1,000,000) for injury or death of any number of persons in any one (1) occurrence; (2) Coverage of at least five hundred thousand dollars ($500,000) for property damage in any one (1) occurrence; and (3) Statutory workers' compensation insurance coverage. Effective: July 1, 2011 <br>History: Created 2010 Ky. Acts ch. 116, sec. 13, effective July 1, 2011. <br>Legislative Research Commission Note (7/1/2011). A reference to the "office" of housing, buildings and construction in this section, as created by 2010 Ky. Acts <br>ch. 116, sec. 13, has been changed in codification to the "department" of housing, <br>buildings and construction to reflect the reorganization of certain parts of the <br>Executive Branch, as set forth in Executive Order 2009-535 and confirmed by the <br>General Assembly in 2010 Ky. Acts ch. 24. This change was made by the Reviser of <br>Statutes pursuant to 2010 Ky. Acts ch. 24. sec. 1938. ]]>