§291C-207 Moped liability insurance; coverage for damage by rented or leased moped. Every person who offers a moped for rent or lease shall insure the moped against loss resulting from liability imposed by law for bodily injury, death or property damage suffered by any person other than the owner or operator of the moped arising out of the ownership, maintenance or use of the moped. The moped liability insurance shall have a coverage of not less than $25,000 per occurrence bodily injury and $5,000 per occurrence property damage. [L 1978, c 175, pt of §15; am L 1979, c 161, §1]