Before any license is issued for the operation of a vehicle for hire, the owner shall file with the police department a copy of a policy of liability insurance, issued by a company authorized to do business in this state, providing for at least the minimum coverage required by state law for other motor vehicles. The city shall be given ten days' notice by the insurer prior to cancellation of any such policy.
(Ord. 00-013, passed 10-10-00)