Any licenses issued by the President of the Village Board of Trustees shall be revoked if the licensee does not provide a copy of an effective liquor liability insurance policy that insures the licensee from liability not less than $30,000 per person for “bodily injury”, $30,000 for “property damage” and $30,000 for “means of support”, under the Dramshop Act of the state, 235 of ILCS 5/6-21, as amended.
(Prior Code, § 9-209)