A person who owns a low head dam that is on the roster shall do the following:

1. (1) Except as provided in section 7 of this chapter, comply with the warning standards established by the department under section 5(1) of this chapter.
2. (2) Inform the department of any change of ownership of the low head dam not more than thirty (30) days after the change.

3. (3) Except for a low head dam owned by the state or a political subdivision, obtain and maintain proof of financial responsibility for the low head dam in the form of:

   1. (A) a bond for not less than one million dollars ($1,000,000); or

   2. (B) general liability insurance, with a general aggregate limit of not less than one million dollars ($1,000,000);

      to cover claims from injuries and death that the low head dam may cause, and before July 1 of each year provide the department with proof of insurance or bond.

As added by P.L.104-2020, SEC.3. Amended by P.L.14-2025, SEC.3.