Section 64B Insurance policy required by licensing authorities; disclosure to insurer; proof of new insurance
[ Text of section effective until August 26, 2010. For text effective August 26, 2010, see below.]
Section 64B. In any case in which a liquor liability insurance policy has been required as a condition precedent to modification, reinstatement or renewal of a license as provided in section 64A or section 67, a licensee shall disclose to the insurer that such policy is required by the licensing authorities pursuant to said section 64A or 67, shall provide to the liquor liability insurer the mailing address of the licensing authorities and shall direct said insurer to include said authorities as a recipient of any notice which the insurer is required to issue to the licensee pursuant to chapter 175. In any case in which the insurer notifies the licensee and the licensing authorities that it intends to terminate the contract upon expiration of the requisite notice period, the licensee shall provide proof of reinstatement or new insurance to the licensing authorities within such period. If the licensee fails to provide such proof prior to receipt by the licensing authorities of a notice of cancellation from the insurer, the licensing authorities shall suspend such license until proof of insurance is delivered, or revoke such license, at their discretion.
Chapter 138: Section 64B. Insurance policy required by licensing authority; disclosure to insurer; proof of new insurance
[ Text of section as amended by 2010, 116, Sec. 3 effective August 26, 2010. For text effective until August 26, 2010, see above.]
Section 64B. In any case in which a liquor liability insurance policy has been required or the limits of any such policy have been increased as a condition precedent to the modification, reinstatement or renewal of a license as provided in section 64A or section 67, a licensee shall disclose to the insurer that such policy has been required or such policy limits have been increased, shall provide to the liquor liability insurer the mailing address of the licensing authority and shall direct the insurer to include the licensing authority as a recipient of any notice which the insurer is required to issue to the licensee pursuant to chapter 175. In any case in which the insurer notifies the licensee and the licensing authorities that it intends to terminate the contract upon expiration of the requisite notice period, the licensee shall provide proof of reinstatement or new insurance to the licensing authorities within such period. If the licensee fails to provide such proof prior to receipt by the licensing authorities of a notice of cancellation from the insurer, the licensing authorities shall suspend such license until proof of insurance is delivered, or revoke such license, at their discretion.