Sec. 3. (a) The governing body of the municipality shall require a certificate of insurance conditioned for the payment of all damages which may be caused either to a person or persons in an amount of not less than ten thousand dollars ($10,000) and to property in an amount of not less than ten thousand dollars ($10,000), by reason of the licensed display, and arising from any acts of the licensee, his agents, employees, or subcontractors. However, the governing body of the municipality may in its discretion require additional amounts of insurance coverage not to exceed one hundred thousand dollars ($100,000) for damages caused to a person or persons, or one hundred thousand dollars ($100,000) for damage to property.

     (b) A person who fails to obtain a certificate of insurance required under subsection (a) commits a Class A misdemeanor.

Formerly: Acts 1939, c.154, s.3; Acts 1975, P.L.259, SEC.3. As amended by P.L.236-1983, SEC.2.

Attorney's Note

Under the Indiana Code, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Class A misdemeanorup to 1 yearup to $5,000
For details, see Ind. Code § 35-50-3-2

Terms Used In Indiana Code 22-11-14-3

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Municipality: has the meaning set forth in IC 36-1-2-11. See Indiana Code 22-11-14-1
  • Person: means an individual, an association, an organization, a limited liability company, or a corporation. See Indiana Code 22-11-14-1
  • Property: includes personal and real property. See Indiana Code 1-1-4-5