SECTION 730:30-7-3. Liability insurance

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The license agreement shall provide that the utility company shall furnish and maintain a liability insurance policy in the amount of $200,000.00 payable to the OKLAHOMA DEPARTMENT OF TRANSPORTATION for all lines carrying electrical power, petroleum gas and fluid products, and water. This liability insurance policy requirement shall not be retroactive to existing agreements. Liability insurance policy requirements shall be waived for the same entities for which license fees are waived in 730:30-7-2.

[Source: Amended at 18 Ok Reg 1369, eff 5-11-01]

                    
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