NORTH CAROLINA GENERAL ASSEMBLY

1965 SESSION

 

 

CHAPTER 350

HOUSE BILL 126

 

 

AN ACT TO AMEND CHAPTER 20, ARTICLE 10, OF THE GENERAL STATUTES OF NORTH CAROLINA TO INCREASE THE MINIMUM LIMITS OF FINANCIAL RESPONSIBILITY INSURANCE FOR TAXICAB OPERATORS.

 

The General Assembly of North Carolina do enact:

 

Section 1.  G.S. 20-280, subsection (B), as the same appears in Volume 1C of the General Statutes of North Carolina, is hereby amended by striking out the words and figures "one thousand dollars ($1,000.00)" immediately following the word "and" in line 13 of said subsection (B) and immediately preceding the word "because" in line 14 and substituting in lieu thereof the words and figures "five thousand dollars ($5,000.00)."

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall become effective July 1, 1965, and shall apply only to policies written or renewed after said effective date.

In the General Assembly read three times and ratified, this the 28th day of April, 1965.