No person shall operate an amusement ride unless at the time there exists a policy of insurance in an amount of not less than One Million Dollars ($1,000,000.00) insuring the owner or operator against liability for injury suffered by persons riding the amusement ride.

Laws 1982, HB 1456, c. 145, § 8, eff. October 1, 1982; Amended by Laws 2000, HB 2115, c. 295, § 5, eff. November 1, 2000 (superseded document available).