Ohio Admin. Code 4901:2-13-05 - General requirements
(A) Evidence of security required under the
rules of this chapter must be issued by an insurance or bonding company
authorized to do business in Ohio by the Ohio department of
insurance.
(B) Each type of
coverage (e.g. public liability, cargo liability) may be written with multiple
companies or with a single company.
(C) Evidence of security written for filing
with the commission pursuant to rule
4901:2-13-04
of the Administrative Code may be for a specified
period of not less than one year or
continuous until canceled. Continuous coverage is preferred by the
commission.
(D) Evidence of
security written for filing with the commission pursuant to rule
4901:2-13-04
of the Administrative Code shall be written in the full and correct name of the
applicant for or the holder of a certificate of public convenience and
necessity and, whenever necessary, such policy, certificate, or bond shall be
amended to show the name or names of the legal or personal representatives,
trustees and receivers, engaging or proposing to engage as a for-hire motor
carrier. Evidence of security shall also show the address and principal place
of business of the insured for-hire motor carrier or legal
representative.
Notes
Promulgated Under: 111.15
Statutory Authority: R.C. 4921.09
Rule Amplifies: R.C. 4921.09
Prior Effective Dates: 02/01/1975, 08/01/1992, 07/15/1999, 12/11/2014
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