An all-terrain vehicle safety training organization shall maintain bodily injury and property damage liability insurance on motor vehicles while being used in all-terrain vehicle safety instruction, insuring the liability of the organization, the instructors, and any person taking instruction in at least the following amounts:
(a) One hundred fifty thousand dollars ($150,000) for bodily injury to or death of one person in any one accident.
(b) Subject to the limit specified in paragraph (1) for one person, three hundred thousand dollars ($300,000) for bodily injury to or death of two or more persons in any one accident.
(c) Fifty thousand dollars ($50,000) for damage to property of others in any one accident.
This section shall become operative on July 1, 1988.
(Added by Stats. 1987, Ch. 881, Sec. 7. Section operative July 1, 1988, by its own provisions.)