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(a) No person shall operate a taxicab or permit such to be operated until and unless the one to whom a license is so given deposits with the Safety Director a policy or certificate of liability insurance of each taxicab, acceptable to and approved by the Safety Director in the sum of at least one hundred thousand dollars ($100,000) for injury to one person, and three hundred thousand dollars ($300,000) for injury to more than one person, and fifty thousand dollars ($50,000) property damage for any one accident through the operation of such taxicab.
(b) Such policy of insurance shall contain a provision for continuing liability thereunder to the full amount thereof notwithstanding any recovery thereon, and a clause obligating the insurance company to give ten days written notice to the Safety Director before cancellation of such policy.
No person, firm or corporation operating a taxicab shall employ as a driver of any such taxicab any person other than a driver duly licensed under the laws of the State of Ohio. Before operating any such taxicab such driver shall be registered with the Safety Director in the manner prescribed by the Safety Director.
EDITOR’S NOTE: Former Section 757.07 was repealed by Ordinance 154-2007, passed December 17, 2007.
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