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WILLIAM DONALD SCHAEFER, Governor Ch. 315
(i) is incorporated under Maryland law;
(ii) is authorized to collect charges or assessments by a covenant
running with the land; and
(iii) has gross annual revenues of at least $15,000,000.
(2) A not for profit community service corporation complies with the
insurance requirements of this section for an amusement attraction that the corporation
owns and operates if the corporation is self insured for at least $1,000,000 against liability
for injury that arises out of the use of the amusement attraction:
(i) under regulations that the State Insurance Commissioner adopts;
or
(ii) until the State Insurance Commissioner adopts regulations, with
the approval of the State Insurance Commissioner, if the corporation is authorized by a
covenant running with the land to collect a payment or charge based on the value of real
property.
(3) A not for profit community service corporation that elects to self insure
shall submit periodically in writing to the State Insurance Commissioner the conditions of
self insurance.
(4) The conditions of self insurance must:
(i) be approved by the State Insurance Commissioner; and
(ii) conform with the conditions of comprehensive liability insurance
policies available in the private market.
3-405.
(a) The Commissioner may prohibit use of an amusement attraction if, after an
inspection or investigation, the Commissioner finds that:
(1) (I) the amusement attraction violates a regulation adopted under this
title; and
[(2)](II) there is a substantial probability of death or serious physical injury
from continued use of the amusement attraction; OR
(2) THE AMUSEMENT ATTRACTION INVOLVES AN INHERENTLY
DANGEROUS ACTIVITY.
(b) To prohibit use of an amusement attraction, the Commissioner shall give an
amusement owner written notice that prohibits use of the amusement attraction.
(c) (1) The Commissioner shall post a copy of the notice on the amusement
attraction.
(2) Only the Commissioner may remove the copy of the notice.
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