SB 0969 | Exempts special passenger trains from certain liability insurance requirements |
Sponsor: | Wiggins | |||
LR Number: | 4172L.01I | Fiscal Note: | 4172-01 | |
Committee: | Transportation | |||
Last Action: | 02/22/00 - Hearing Conducted S Transportation Committee-Consent | Journal page: | ||
Title: | ||||
Effective Date: | August 28, 2000 | |||
SB 969 - This act exempts persons owning or operating
special passenger trains from carrying more than $10,000,000 of
liability insurance per occurrence. Special passenger trains are
defined as passenger trains which do not exceed 35 miles per hour
over a common carrier railroad or railroad authority. The
insurance policy covering such special passenger trains shall not
have a self-insured retention or deductible or more than
$100,000.
STEPHEN WITTE