2004 Minnesota Statutes

     168.833 Motor bicycle business insurance required.  

    No license shall be issued until the applicant obtains and 
 files with the commissioner of public safety a policy of 
 liability insurance by an insurance company authorized to do 
 business under the laws of the state of Minnesota, to be kept in 
 force for the remainder of the licensing year.  The policy shall 
 insure the applicant, the applicant's renters, and lessees, and 
 the persons operating such motor bicycles against liability for 
 loss in the sum of $25,000 for injury to or death of any one 
 person in any one accident, $50,000 for injury to or death of 
 more than one person in any one accident, and $5,000 because of 
 damage to or destruction of property in any one accident 
 resulting from the negligent operation, use or defective 
 condition of any motor bicycle belonging to the applicant.  The 
 policy shall contain a provision for a continuing liability 
 thereunder for the term of the license to the full amount 
 thereof, notwithstanding any recovery thereon.  The policy also 
 shall contain an endorsement to the effect that the liability 
 under the policy is not affected by reason of any motor bicycle 
 having been furnished to, or rented or leased by a minor, and 
 further, that the commissioner of public safety shall be 
 notified by letter at least ten days before the cancellation of 
 the insurance policy.  The policy shall also contain a provision 
 providing for at least $200 medical payments to cover the 
 operator or passenger of such vehicle if personal injury results 
 to the operator or passenger from its use.  

    HIST: 1965 c 258 s 3; 1969 c 1129 art 1 s 15; 1986 c 444