Section 4901:2-13-05 - General requirements(A) Evidence of security required under the rules of this chapter must be issued by an insurance or bonding company authorized to do business in Ohio by the Ohio department of insurance.(B) Each type of coverage (e.g. public liability, cargo liability) may be written with multiple companies or with a single company.(C) Evidence of security written for filing with the commission pursuant to rule 4901:2-13-04 of the Administrative Code may be for a specified period or continuous until canceled. Continuous coverage is preferred by the commission.(D) Acceptable evidence of security written for filing with the commission pursuant to rule 4901:2-13-04 of the Administrative Code includes the full and correct name of the applicant for or the holder of a certificate of public convenience and necessity and, whenever necessary, such amended policy, certificate, or bond as is necessary to show the name or names of the legal or personal representatives, trustees and receivers, engaging or proposing to engage as a for-hire motor carrier. Acceptable evidence of security also shows the address and principal place of business of the insured for-hire motor carrier or legal representative.Ohio Admin. Code 4901:2-13-05
Effective: 7/1/2023
Five Year Review (FYR) Dates: 3/27/2023 and 06/20/2028
Promulgated Under: 111.15
Statutory Authority: R.C. 4921.09
Rule Amplifies: R.C. 4921.09
Prior Effective Dates: 02/01/1975, 08/01/1992, 07/15/1999, 12/11/2014, 06/18/2021