Bill Text: IN SB0367 | 2010 | Regular Session | Introduced
Bill Title: Alcoholic beverage retailer liability coverage.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-01-12 - First reading: referred to Committee on Commerce and Public Policy & Interstate Cooperation [SB0367 Detail]
Download: Indiana-2010-SB0367-Introduced.html
Citations Affected: IC 7.1-3-27.
Synopsis: Alcoholic beverage retailer liability coverage. Requires a
person who holds a retailer's license or permit to sell alcoholic
beverages for consumption on the premises to maintain coverage for
liability after December 31, 2012. Requires the commissioner of the
department of insurance to adopt rules to establish minimum amounts
of insurance and self-insurance coverage.
Effective: July 1, 2010.
January 12, 2010, read first time and referred to Committee on Commerce, Public Policy
& Interstate Cooperation.
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or
A BILL FOR AN ACT to amend the Indiana Code concerning
alcohol and tobacco.
Chapter 27. Coverage for Liability
Sec. 1. After December 31, 2012, a person who:
(1) holds a retailer's license or permit; and
(2) sells alcoholic beverages for consumption on the licensed or permitted premises;
shall procure and maintain a policy of liability insurance to cover the person's liability for damages that arise out of the person's sale of alcoholic beverages for consumption on the licensed premises.
Sec. 2. Notwithstanding section 1 of this chapter, the department of insurance may, upon the application of a person described in section 1 of this chapter, issue a certificate of self-insurance if the department of insurance is satisfied that the person making the application is possessed of and will continue to be possessed of the ability to pay a judgment obtained against the person for damages
that arise out of the person's sale of alcoholic beverages for
consumption on the licensed premises.
Sec. 3. The minimum amounts of insurance and self-insurance
coverage required under this chapter shall be established in rules
adopted by the commissioner of the department of insurance.
Sec. 4. A person who violates this chapter is subject to the
penalties described in IC 7.1-3-23.
Sec. 5. The commissioner of the department of insurance shall
adopt rules under IC 4-22-2 to implement this chapter.
(b) This SECTION expires January 1, 2015.