The Chief of Police and all patrolmen Classes I, II and III shall maintain liability and false arrest insurance. The Chief and Classes I and III patrolmen shall maintain such insurance at the high-hazard rate and patrolmen of Class III shall maintain such insurance at the medium rate. All premiums due and payable upon such insurance contracts shall be paid by the village from the General Fund-Safety Division.
(`94 Code, § 145.07) (Ord. 10-81, passed 2-26-81)