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§ 12-836. Insurance requirements

West's Annotated Code of MarylandPublic Safety

West's Annotated Code of Maryland
Public Safety (Refs & Annos)
Title 12. Building and Material Codes; Other Safety Provisions (Refs & Annos)
Subtitle 8. Elevator Safety (Refs & Annos)
Part III. Elevator Safety Review Board (Refs & Annos)
MD Code, Public Safety, § 12-836
Formerly cited as MD CODE Art. 89, § 49C
§ 12-836. Insurance requirements
Currentness
In general
(a) An elevator contractor may not engage in the business of elevator installation, alteration, repair, or service work unless the work of the elevator contractor is covered by:
(1) general liability insurance in the amount of at least $1,000,000; and
(2) property damage insurance in the amount of at least $500,000.
Proof of insurance
(b) An applicant for an elevator contractor license shall submit proof of the insurance required under subsection (a) of this section to the Board with the license application.
License renewal prohibited
(c) Unless a licensee meets the insurance requirements of this section, the Board may not renew the license of a licensee to whom the insurance requirements of this section apply.
Notice of cancellation
(d) A licensed elevator contractor shall give the Board notice of the cancellation of insurance at least 10 days before the effective date of the cancellation.

Credits

Added by Acts 2003, c. 5, § 2, eff. Oct. 1, 2003.
MD Code, Public Safety, § 12-836, MD PUBLIC SAFETY § 12-836
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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