312 Ind. Admin. Code 5-14-23

Current through December 4, 2024

Section 312 IAC 5-14-23 - Marine liability insurance

Authority: IC 14-10-2-4; IC 14-15-7-3; IC 14-15-7-5

Affected: IC 14

Sec. 23.

The owner of a boat carrying passengers for hire must maintain marine liability insurance for bodily injury in the lesser of the following amounts:

(1) Eighty-five thousand dollars ($85,000) per passenger per accident.

(2) One million dollars ($1,000,000) in the aggregate.

312 IAC 5-14-23

Natural Resources Commission; 312 IAC 5-14-23; filed Mar 23, 2001, 2:50 p.m.: 24 IR 2396, eff Jan 1, 2002; readopted filed May 29, 2008, 1:53 p.m.: 20080625-IR-312080057RFA; errata filed Jun 2, 2009, 10:29 a.m.: 20090624-IR-312090386ACA; Readopted filed 7/17/2014, 3:46 p.m.: 20140813-IR-312140067RFA

Readopted filed 9/16/2020, 8:15 a.m.: 20201014-IR-312200355RFA