Section 7926 Of Part 8.1. Permanent Amusement Ride Safety Inspection Program From California Labor Code >> Division 5. >> Part 8.1.
7926
. (a) A person may operate a permanent amusement ride only if,
at the time of operation, one of the following is in existence:
(1) The owner of the permanent amusement ride provides an
insurance policy in an amount not less than one million dollars
($1,000,000) per occurrence insuring the owner or operator against
liability for injury or death to persons arising out of the use of
the permanent amusement ride.
(2) The owner of the permanent amusement ride provides a bond in
an amount not less than one million dollars ($1,000,000), except that
the aggregate liability of the surety under that bond shall not
exceed the face amount of the bond.
(3) The owner of a permanent amusement ride meets a financial test
of self-insurance, as prescribed by rules and regulations
promulgated by the division, to demonstrate financial responsibility
covering liability for injury suffered by patrons riding the
permanent amusement ride.
(b) The insurance policy or bond shall be obtained from one or
more insurers or sureties licensed by the Department of Insurance to
do business in this state, or by a nonadmitted insurer employed by a
surplus lines broker licensed by the Department of Insurance.