§ 870-f. Liability insurance. Before the commissioner may issue a
permit to the owner or lessee of an amusement device, viewing stand or
tent, the owner or lessee of such device, viewing stand or tent shall
furnish the commissioner with proof that he has purchased insurance or
posted cash or other security in an amount not less than one million
dollars per occurrence or a bond in an amount not less than two million
five hundred thousand dollars in the aggregate against liability for
injury to persons arising out of the use of the amusement device,
viewing stand or tent. In the event such liability insurance is
cancelled, the insurer shall give thirty days' prior notice of such
cancellation to the commissioner.