No license may be issued or renewed under this subchapter until the applicant has provided proof of financial responsibility as defined in M.S. §340A.409, as may be amended from time to time, with regard to liability under M.S. §340A.801, as may be amended from time to time. This proof shall be filed with the Commissioner of Public Safety. Any insurance policy intended to satisfy the requirements of this section shall conform with the requirements of M.S. §340A.409, as may be amended from time to time. All proof of financial responsibility must be approved by the Council.
(Ord. passed 6-20-97; Am. Ord. 340, passed 11-20-03)