California · Harbors and Navigation Code - HNC

HNC §759.4: The division shall, after a public hearing, set the amount of liability insurance, required by Section 759.

What this law says, in plain English

A division must hold a public hearing and then set the required amount of liability insurance as mandated by Section 759.

Read the full statutory text

The division shall, after a public hearing, set the amount of liability insurance, required by Section 759.2, that is reasonably necessary to provide adequate compensation for damage incurred through an accident involving a for-hire vessel company. This amount shall be subject to periodic adjustment pursuant to the process described in this article.

Verify at the official source: California legislative text

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