California Assembly Bill AB2128 Amended / Bill

 BILL NUMBER: AB 2128AMENDED BILL TEXT AMENDED IN ASSEMBLY MARCH 25, 2010 INTRODUCED BY Assembly Member Gaines FEBRUARY 18, 2010 An act to amend  Section   Sections 7583.39 and  7583.40 of the Business and Professions Code, relating to private security services. LEGISLATIVE COUNSEL'S DIGEST AB 2128, as amended, Gaines. Private security services: insurance policies. The Private Security Services Act provides for the licensure and regulation of private patrol operators by the Bureau of Security and Investigative Services in the Department of Consumer Affairs. Existing law requires a private patrol operator employing a security guard who carries a firearm to maintain an insurance policy that provides minimum limits of insurance of $500,000 for any one loss due to bodily injury or death and $500,000 for any one loss due to injury or destruction of property. This bill would  instead  require  a   private patrol operator employing any security guard to maintain an insurance policy and would require  that insurance policy to provide minimum limits of insurance  for an unspecified amount   of $1,000,000  for any one loss due to bodily injury or death and  for an unspecified amount   $1,000,000  for any one loss due to injury or destruction of property. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:  SECTION 1.   Section 7583.39 of the   Business and Professions Code   is amended to read:  7583.39. No private patrol operator who employs  a   any  security guard  who carries a firearm as part of his or her duties  shall engage in any of the practices for which he or she is required to be licensed by this chapter, unless he or she maintains an insurance policy as defined in Section 7583.40.  SECTION 1.   SEC. 2.  Section 7583.40 of the Business and Professions Code is amended to read: 7583.40. "Insurance policy," as used in this article, means a contract of liability insurance issued by an insurance company authorized to transact business in this state that provides minimum limits of insurance of  ____ ($____)   one million dollars ($1,000,000)  for any one loss due to bodily injury or death and)  ____($____)   one million dollars ($1,000,000)  for any one loss due to injury or destruction of property.