South Carolina Code of Regulations
Chapter 71 - DEPARTMENT OF LABOR, LICENSING AND REGULATION-DIVISION OF LABOR
Article 4 - AMUSEMENT RIDES SAFETY CODE
Section 71-4500 - Insurance Bond, or Other Security

Universal Citation: SC Code Regs 71-4500

Current through Register Vol. 48, No. 9, September 27, 2024

1. Before any permit can be issued, the owner must file with and have accepted by the Commissioner an approved Certificate of Insurance against liability for injury to persons arising out of the use of an amusement device, to be in an amount not less than that specified by South Carolina Code of Laws, 1976, Title 41, Chapter 18, as amended.

2. Evidence of insurance may be:

A. A policy of insurance procured from one or more insurers acceptable to the Chief Insurance Commissioner of South Carolina as either:
(1) Licensed to transact insurance in South Carolina;

(2) Approved as a non-admitted surplus lines carrier for risks located in this State;

B. Cash or other security acceptable to the Commissioner of Labor.

3. The Commissioner shall not accept any policy of insurance unless it shall obligate the insurer to give written notice to the Commissioner thirty (30) days before any proposed cancellation, suspension or non-renewal of the policy. The Commissioner shall make available upon request an approved endorsement form.

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