17.24.1125    LIABILITY INSURANCE

(1) Minimum insurance coverage to comply with 82-4-222(5), MCA, is $300,000 bodily injury coverage for each occurrence and $500,000 in the aggregate and $300,000 property damage for each occurrence and $500,000 in aggregate.

(2) The policy must be maintained in full force during the life of the permit or any renewal thereof and until final bond release on the permit area.

(3) The policy must include a rider requiring that the insurer notify the department whenever substantive changes are made in the policy, including any termination or failure to renew.

 

History: 82-4-205, MCA; IMP, 82-4-231, MCA; NEW, 1980 MAR p. 725, Eff. 4/1/80; AMD, 1989 MAR p. 30, Eff. 1/13/89; TRANS, from DSL, 1996 MAR p. 3042; AMD, 2004 MAR p. 2548, Eff. 10/22/04; AMD, 2024 MAR p. 260, Eff. 2/10/24.