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Session Laws, 1989
Volume 771, Page 327   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                        Ch. 3

6-604. GENERAL LIABILITY AND PROPERTY INSURANCE.

(A)  SCOPE OF SECTION.

THIS SECTION DOES NOT APPLY TO A STATE LICENSEE ON INACTIVE
STATUS.

(B)  IN GENERAL.

A MASTER ELECTRICIAN WHO IS LICENSED BY THE STATE BOARD AND
PROVIDES ELECTRICAL SERVICES OR A PERSON TO WHOM THE MASTER
ELECTRICIAN ASSIGNS A LOCAL LICENSE UNDER THIS TITLE SHALL:

(1)  MAINTAIN GENERAL LIABILITY INSURANCE IN THE
AMOUNT OF AT LEAST $300,000;

(2)  MAINTAIN PROPERTY DAMAGE INSURANCE IN THE AMOUNT
OF AT LEAST $100,000; AND

(3)  SUBMIT PROOF OF THE REQUIRED INSURANCE TO THE
STATE BOARD.

(C)  REQUIREMENTS ON APPLICATION FOR LICENSE.

(1)  AN APPLICANT FOR A STATE LICENSE SHALL SUBMIT
PROOF OF THE INSURANCE REQUIRED UNDER THIS SECTION TO THE STATE
BOARD WITH THE LICENSE APPLICATION.

(2)  THE STATE BOARD MAY NOT ISSUE A STATE LICENSE TO
AN APPLICANT TO WHOM THE INSURANCE REQUIREMENTS OF THIS SECTION
WOULD APPLY UNLESS THE APPLICANT SUBMITS PROOF OF THE INSURANCE.

(D)  REQUIREMENTS ON RENEWAL OF LICENSE.

UNLESS AN APPLICANT MEETS THE INSURANCE REQUIREMENTS OF THIS
SECTION, THE STATE BOARD MAY NOT RENEW A STATE LICENSE OF THE
APPLICANT TO WHOM THE INSURANCE REQUIREMENTS OF THIS SECTION
WOULD APPLY.

(E)  NOTICE TO STATE BOARD ABOUT CANCELLATION.

IF THE INSURANCE REQUIRED UNDER THIS SECTION IS CANCELED,
THE INSURER SHALL NOTIFY THE STATE BOARD WITHIN 10 DAYS AFTER THE
DATE OF CANCELLATION.

(F)  SURETY BONDS.

IF A LOCAL JURISDICTION REQUIRES AN APPLICANT FOR A LOCAL
LICENSE TO EXECUTE A BOND TO THE LOCAL JURISDICTION, THE
APPLICANT MAY SATISFY THE BOND REQUIREMENT BY SUBMITTING PROOF OF
THE INSURANCE REQUIRED UNDER THIS SECTION.

REVISOR'S NOTE: This section formerly appeared as Art. 56A,
§ 2-604.

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Session Laws, 1989
Volume 771, Page 327   View pdf image
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