§ 150.508. Additional requirements prior to issuance of certificate.

Subsequent to the board's determination that the applicant possesses the requisite skill, knowledge, or experience and prior to the issuance of the certificate of competency, every applicant shall be required to furnish proof to the board that the following requirements have been complied with:

(1)

That the requirements of the "Worker's Compensation Law" of the State of Florida have met;

(2)

That a party maintains in an insurance company authorized to do business in the state, public liability insurance with minimum limits of not less than three hundred thousand dollars ($300,000.00) and property damage insurance with a minimum limit of not less than fifty thousand dollars ($50,000.00) for any one (1) accident; as to general and building contractors, and one hundred thousand dollars ($100,000.00) public liability and twenty-five thousand dollars ($25,000.00) property damage for all other contractors;

(3)

In the event of the cancellation of a policy as required hereunder, the certificate of competency of that party shall be automatically revoked. The certificate of competency may be reinstated when the certificate holder has furnished proof to the board of compliance with the above insurance provisions.

(Ord. 90-43, passed 5-14-90)