The dedicators shall have and assume all risk in the laying, installation, and construction of the utility lines and system constructed pursuant to this chapter, and the dedicators shall agree that the town shall not be responsible or liable for, and that the dedicators will indemnify and save harmless the town against, any and all injuries and damages to persons or property by reason of or in any way growing out of the construction, installation, and laying of the utility lines. The dedicators shall furnish the town with an adequate and satisfactory bond and/or public liability insurance policy (or a certificate or other evidence from the insurance company that the insurance is in force) fully protecting the town as provided by this section, the bond and/or insurance policy to be executed by an insurance company authorized to do business in the state.
(Prior Code, § 5-3022)