SB 182 Requires liquefied petroleum gas dealers to maintain liability insurance
Sponsor: Scott
LR Number: 0892L.03T Fiscal Note: 0892-03
Committee: Small Business, Insurance & Industrial Relations
Last Action: 7/6/2005 - Signed by Governor Journal Page:
Title: HCS SCS SB 182 Calendar Position:
Effective Date: August 28, 2005
House Handler: Rector

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Current Bill Summary


HCS/SCS/SB 182 - This act exempts persons who only sell liquefied petroleum gas in containers having a capacity of 50 pounds or less that have been filled by another person to be registered with the Department of Agriculture from the registration requirements of Section 323.060.

Under this act, persons registered to sell liquefied petroleum gas under subsection 1 of section 323.060 must demonstrate financial responsibility for compensating third parties for bodily injury and property damage caused by the release of liquefied petroleum gas. The minimum amount of financial responsibility shall be $1,000,000 per occurrence with an annual aggregate of $2,000,000. The person may demonstrate insurance either by self insurance. The person may also demonstrate financial responsibility by obtaining a liability insurance policy or an endorsement to an existing policy issued by an insurance company authorized to do business in Missouri. The policy or endorsement must require that the insurance company with notify the Department of Agriculture if the policy is cancelled. The insurance requirements have an effective date of January 1, 2006.

STEPHEN WITTE