NORTH CAROLINA GENERAL ASSEMBLY
1973 SESSION

CHAPTER 1206
HOUSE BILL 1803

AN ACT TO REQUIRE MOTOR CARRIERS LICENSED IN NORTH CAROLINA TO MAINTAIN MINIMUM LIMITS LIABILITY INSURANCE OF FIFTY THOUSAND DOLLARS ($50,000)/ONE HUNDRED THOUSAND DOLLARS ($100,000)/FIFTY THOUSAND DOLLARS ($50,000).

The General Assembly of North Carolina enacts:

Section 1.  G.S. 62-268 is hereby amended by adding thereto the following:
"The commission shall require that every motor carrier for which a certificate, permit, or license is required by the provision of this Chapter, shall maintain liability insurance or satisfactory surety of at least fifty thousand dollars ($50,000) because of bodily injury to or death of one person in any one accident and, subject to said limit for one person, one hundred thousand dollars ($100,000) because of bodily injury to or death of two or more persons in any one accident, and fifty thousand dollars ($50,000) because of injury to or destruction of property of others in any one accident; and the commission may require any greater amount of insurance as may be necessary for the protection of the public."
Sec. 2.  This act shall become effective on January 1, 1975.
In the General Assembly read three times and ratified, this the 8th day of April, 1974.