No bonds, contracts of indemnity, or insurance policies shall be subject to cancellation or reduction in coverage, except by impairment of a stated aggregate limit, until the Risk Manager has received 30 days prior written notice. The Risk Manager may authorize a shorter period of notice. This section shall not affect an insurer's right to give a shorter period of notice to the named insured for non-payment of premium or an insurer's obligation to respond to the named insured's request for cancellation as required by law.
SECTION HISTORY
Based on Ord. No. 84,480.
Amended by: Ord. No. 148,928, Eff. 11-22-76; Ord. No. 151,255, Eff. 8-27-78; Ord. No. 176,740, Eff. 7-25-05.