- At all times during the term of a franchise, including the time for removal of facilities, the cable operator shall hold a valid liability insurance policy and shall pay all premiums for the policy in a timely manner. The policy shall insure the District, its officers, boards, commissions, elected officials, agents, contractors, and employees against liabilities. The policy shall be issued by a company carrying a rating by Best of not less than "A" and the company shall be authorized by the District's Superintendent of Insurance to do business in the District.
- The amount of the liability insurance policy, and the terms of the policy, shall be established in the franchise agreement.
- The form of the liability insurance policy shall be acceptable to the Corporation Counsel.
- The policy shall require 30 calendar days written notice of any cancellation to both the Office and the cable operator. If the Office or the cable operator receives a cancellation notice, the cable operator shall obtain a new bond, meeting the requirements of this section, within 30 days after receipt of the notice by the Office or the cable operator.
- The cable operator shall file with the Office written evidence of payment of premiums and executed duplicate copies of the liability insurance policy.
- Failure to comply with the provisions of this section, or with the liability insurance provisions of the franchise agreement, shall constitute a material violation of a franchise.
Historical and Statutory
Legislative History of Laws
For Law 14-193, see notes following § 34-1251.01.
DC CODE § 34-1256.04
Current through December 11, 2012
(Aug. 21, 1982, D.C. Law 4-142, § 604, as added Oct. 9, 2002, D.C. Law 14-193, § 2(b), 49 DCR 7334.)