Licensee must be owner or employee of facility; insurance that may be sold or offered for sale.

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(A) A licensee must be the owner of a self-service rental facility or his employee or agent.

(B) A licensee only may sell or offer to sell insurance in connection with, and incidental to, the rental of a self-storage space in the owner's facility. This insurance only may provide coverage for:

(1) casualty loss of the property contained in the self-storage space;

(2) liability insurance for personal injuries, excluding injuries compensable by workers' compensation, arising on the premises of the individual self-storage space; or

(3) both.

HISTORY: 2014 Act No. 226 (S.1065), Section 1, eff June 2, 2014.


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