CHAPTER 160
FORMERLY
HOUSE BILL NO. 212
AN ACT TO AMEND TITLE 2, CHAPTER 13 OF THE DELAWARE CODE RELATING TO INSURANCE COVERAGE FOR THE DELAWARE TRANSIT CORPORATION.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE :
Section 1. Amend Section 1329(b), Title 2 of the Delaware Code, by deleting the last sentence thereof in its entirety, and insering in lieu thereof the following:
“This insurance program may be provided by either (1) a combination of self-insurance and commercially procured insurance, or (2) entirely commercially procured insurance. The monetary limits of § 1329(a) of this Title shall apply to passenger rail carrier operations authorized under § 1332 of this Title. For all other operations of the Delaware Transit Corporation, the monetary limits of § 1329(a) of this Title shall not apply, and the Corporation shall instead be liable for the amount of its insurance covering the risk or loss; provided, however, that the insurance program shall provide a minimum coverage of $300,000 for any and all claims arising out of a single occurrence.”
Section 2. The provisions of this Act shall become effective July 1, 1999.