The bill amends Section 3-7-27 of the General Laws in Chapter 3-7, which pertains to retail licenses, by introducing new insurance requirements specifically for applicants in the town of Westerly. It mandates that applicants for a retail liquor license in Westerly must file with their application a certificate of insurance evidencing commercial, general-liability, liquor liability, and property-damage coverage in the minimum amount of three hundred thousand dollars ($300,000) or an amount set by local ordinance. The certificate must provide that the insurance cannot be modified or canceled without prior notice to the town of Westerly, according to the terms of the insurance policy, and that the town of Westerly is named as an additional insured. Additionally, the licensee must be insured by a carrier licensed in the state. This act is set to take effect upon passage.

Statutes affected:
6354: 3-7-27