Whenever any insurance policy required by the provisions of § 114.05 of this code is canceled or terminated for any reason, the general license of the building mover shall terminate unless the building mover shall immediately furnish a new policy in compliance with § 114.05 of this code. In such a situation, the building mover shall surrender the building mover’s license and shall cease the conduct of the business until a new insurance policy is furnished as required by this chapter.
(Prior Code, § 114.06) (Ord. 01-28, passed 5-7-2001; Ord. 17-03, passed 1-16-2017) Penalty, see § 114.99