Evidence of dram shop liability insurance covering the entire period of the license in the form of a certificate of insurance issued by an insurance company licensed to do business in the State of Illinois. The certificate shall insure applicant and owner or lessor of the premises in such amounts as may be required by the Illinois Liquor Control Act, or in an amount of not less than $ 1,000,000, whichever amount is greater. The certificate shall be submitted to the Local Liquor Commissioner upon application for or renewal of the liquor license.
(Ord. 99-4981, passed 3-2-1999; Am. Ord. 2006- 5214, passed 1-17-2006; Am. Ord. 2011-5333, passed 11-15-2011)