A licensee who operates a taxicab or taxicab company in the city shall at all times have in full force and effect as to each taxicab in operation, liability and property damage insurance policy or policies issued by an insurance company licensed to conduct insurance business in the state. The minimum limits of insurance coverage for liability for injury to person shall not be less than $100,000 as to any one person and $300,000 in any single occurrence for injuries to more than one person, and $50,000 for damage to property. Proof of this insurance shall be filed with the City Recorder, who shall be entitled to receive 15 days’ notice in advance of any insurance company’s intention to cancel any policy on any taxicab.
(Prior Code, § 110.035) (Ord. 984, passed 9-15-1980) Penalty, see § 110.999