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P U B U C LAW 86-792-AUG. 28, 1968

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Public Law 85-792 August 28, 1958 [H. R. 13531]

District of Columbia Taxicab Insurance Act of 1958. B o n d or liability insurance. 52 Stat. 1233.

47 Stat. 555. D. C. Code 472331.

Limit of liability.

Insurance c o m p a n i e s and sureties.

AN ACT To amend the Act of June 29, 1938, as amended, to increase the insxirance coverage required to be carried by cabs for hire in the District of Columbia for the protection of passengers and others, and for other purposes.

Be it enacted by the Senate and House of BepTesentatives of the United States of America in Congress OLSserrible'd^ That section 2 of this Act may be cited as the "District of Columbia Taxicab Insurance Act of 1958''. SEC. 2. The Act entitled "An Act to provide that all cabs for hire in the District of Columbia be compelled to carry insurance for the protection of passengers, and for other purposes", approved June 29, 1938, as amended (D. C. Code 44-301), is amended to read as follows: "That the Public Utilities Commission of the District of Columbia (hereafter referred to in this Act as the 'Commission') is hereby directed to require any and all corporations, companies, associations, joint-stock companies or associations, partnerships, and persons, their lessees, trustees, or receivers, appointed by any court whatsoever, operating, controlling, managing, or renting any passenger motor vehicles for hire in the District of Columbia, except as to operations licensed under paragraph 31 (b) of the Act approved July 1, 1932, known as the 'License Act', and except such common carriers as have been expressly exempted from the jurisdiction of the Commission, to file with the Commission for each such motor vehicle to be operated, evidence, in such form and on such terms and conditions as the Commission may prescribe with the approval of the Superintendent of Insurance of the District of Columbia (hereafter referred to in this Act as the 'Superintendent'), that such motor vehicle is covered by a bond or liability insurance in a surety or insurance company authorized to do business in the District of Columbia, conditioned for the payment to any person of any legal obligation of, or judgment recovered against, such corporations, companies, associations, joint-stock companies or associations, partnerships, and persons, their lessees, trustees, or receivers, appointed by any court whatsoever, or renters of their cabs, for death or for injury to any person or damage to any property, or both, arising out of the ownership, maintenance, or use of such motor vehicle by any person for any purpose within the United States. Such bond or insurance may limit the liability of the surety or insurer on any one judgment to $10,000, for bodily injuries or death, and $5,000 for damage to property, and on all judgments recovered upon claims arising out of the same subject of action to $20,000 for bodily injuries or death, and $5,000 for damage to property, to be apportioned ratably among the creditors according to the amount of their respective legal obligations. The liability of an insurance company in any policy of insurance or of an]^ indemnity company in a bond issued pursuant to this Act shall, within the limits of coverage req^uired by this Act, become and be absolute for damages adjudged against the insured on account of injuries to or death of persons or damage to or destruction of property resulting from the insured's ownership, maintenance, or use of the motor vehicle or vehicles described in the said policy or bond. "SEC. 2. (a) Any policy of liability insurance required by this Act shall be issued only by such insurance companies as may have been authorized to do business in the District of Columbia, and any bond or undertaking required by this Act shall be secured by a corporate surety approved by the Superintendent. "(b) No insurance company or corporate surety shall engage in or conduct the business of insuring or bonding any risk arising out of

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