The commission may require a lessee to procure and furnish liability and property damage insurance from a company licensed to do business in the state or furnish other security or undertaking upon the terms and conditions the commission considers necessary if the commission finds that the net assets of the lessee are insufficient to protect the public from damage for which the lessee may be liable arising out of the construction or operation of the pipeline.
Section: Previous 42.06.240 42.06.245 42.06.250 42.06.260 42.06.270 42.06.280 42.06.285 42.06.286 42.06.290 42.06.300 42.06.305 NextLast modified: November 15, 2016