H-1208.1 _______________________________________________
HOUSE BILL 1712
_______________________________________________
State of Washington 53rd Legislature 1993 Regular Session
By Representatives R. Meyers and Appelwick
Read first time 02/05/93. Referred to Committee on Transportation.
AN ACT Relating to minimum bonding requirements for for hire vehicle operators; and amending RCW 46.72.040.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
Sec. 1. RCW 46.72.040 and 1973 c 15 s 1 are each amended to read as follows:
Before a permit is issued every for hire
operator shall be required to deposit and thereafter keep on file with the
director a surety bond running to the state of Washington covering each and
every for hire vehicle as may be owned or leased by him and used in the conduct
of his business as a for hire operator. Such bond shall be in the sum of ((one))
five hundred thousand dollars for any recovery for death or personal
injury by one person, and ((three hundred thousand)) one million
dollars for all persons killed or receiving personal injury by reason of one
act of negligence, and ((twenty-five)) fifty thousand dollars for
damage to property of any person other than the assured, with a good and
sufficient surety company licensed to do business in this state as surety and
to be approved by the director, conditioned for the faithful compliance by the
principal of said bond with the provisions of this chapter, and to pay all
damages which may be sustained by any person injured by reason of any careless
negligence or unlawful act on the part of said principal, his agents or
employees in the conduct of said business or in the operation of any motor
propelled vehicle used in transporting passengers for compensation on any
public highway of this state.
--- END ---