Old | New | Differences | |
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1 | 1 | ||
2 | 2 | ||
3 | 3 | LCO No. 513 1 of 2 | |
4 | 4 | ||
5 | 5 | General Assembly Proposed Bill No. 681 | |
6 | 6 | January Session, 2025 | |
7 | 7 | LCO No. 513 | |
8 | 8 | ||
9 | 9 | ||
10 | 10 | Referred to Committee on INSURANCE AND REAL ESTATE | |
11 | 11 | ||
12 | 12 | ||
13 | 13 | Introduced by: | |
14 | 14 | SEN. SAMPSON, 16th Dist. | |
15 | 15 | ||
16 | 16 | ||
17 | 17 | ||
18 | 18 | AN ACT EXEMPTING NONPROFIT ORGANIZATIONS FROM THE | |
19 | 19 | INSURANCE AND INDEMNITY BOND REQUIREMENTS. | |
20 | 20 | Be it enacted by the Senate and House of Representatives in General | |
21 | 21 | Assembly convened: | |
22 | 22 | ||
23 | 23 | That section 14-29 of the general statutes be amended to exempt 1 | |
24 | 24 | nonprofit organizations from the insurance and indemnity bond 2 | |
25 | 25 | requirements applicable to certain motor vehicle owners pursuant to 3 | |
26 | 26 | subsection (a) of said section, provided the Commissioner of Motor 4 | |
27 | 27 | Vehicles finds that such nonprofit organization has maintained 5 | |
28 | 28 | sufficient financial responsibility to meet legal liability for personal 6 | |
29 | 29 | injury, death or damage resulting from or caused by the use or operation 7 | |
30 | 30 | of a service bus owned or operated by such nonprofit organization. 8 | |
31 | 31 | Statement of Purpose: | |
32 | 32 | To exempt nonprofit organizations from the insurance and indemnity | |
33 | 33 | bond requirements applicable to certain motor vehicle owners pursuant | |
34 | 34 | to subsection (a) of section 14-29 of the general statutes, provided the | |
35 | 35 | Commissioner of Motor Vehicles finds that such nonprofit organization | |
36 | 36 | has maintained sufficient financial responsibility to meet legal liability | |
37 | 37 | for personal injury, death or damage resulting from or caused by the use Proposed Bill No. 681 | |
38 | 38 | ||
39 | 39 | ||
40 | 40 | LCO No. 513 2 of 2 | |
41 | 41 | ||
42 | 42 | or operation of a service bus owned or operated by such nonprofit | |
43 | 43 | organization. |