Lead inspectors; financial responsibility

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 [Section 1764 effective until occurrence of contingency; see also contingent amendment to section 1764 .]

§ 1764. Lead inspectors; financial responsibility

The Commissioner may require that a licensee or an applicant for a license under subsection 1752(d) of this title provide evidence of ability to properly indemnify a person who suffers damage from lead-based paint activities such as proof of effective liability insurance coverage or a surety bond in an amount to be determined by the Commissioner which shall not be less than $300,000.00. This section shall not restrict or enlarge the liability of any person under any applicable law. (Added 1995, No. 165 (Adj. Sess.), § 11.)

 [Contingent amendments to section 1764; see also section 1764 .]

§ 1764. Lead inspectors; financial responsibility

The Commissioner shall require that a licensee or an applicant for a license under subsection 1752(e) of this chapter provide evidence of ability to indemnify properly a person who suffers damage from lead-based paint activities or RRPM activities such as proof of effective liability insurance coverage or a surety bond in an amount to be determined by the Commissioner, which shall not be less than $300,000.00. This section shall not restrict or enlarge the liability of any person under any applicable law. (Added 1995, No. 165 (Adj. Sess.), § 11; amended 2017, No. 149 (Adj. Sess.), § 2.)


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