HOUSE SUBSTITUTE NO. 1 FOR HOUSE BILL NO. 57
AN ACT TO AMEND TITLE 2 OF THE DELAWARE CODE RELATING TO THE LIABILITY OF THE DELAWARE TRANSPORTATION AUTHORITY.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
Section 1. Amend § 1329 of Title 2 of the Delaware Code relating to the liability of the Delaware Transportation Authority by denominating the existing section as subsection "(a)", and creating a new subsection "(b)" thereof, to read as follows:
"(b) For fiscal years beginning July 1, 1997 and thereafter, the annual budget of the Delaware Transit Corporation shall include funding for an insurance program as described in subsection (a) of this section. This insurance program may be either a combination of self- insurance and commercially procured insurance, or entirely commercially procured insurance, but in any event shall provide a minimum coverage of $300,000 for any and all claims arising out of a single occurrence."
Approved July 21, 1997