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 for applicants in the town of Westerly. Specifically, it mandates that applicants must provide a certificate of insurance that includes commercial, general-liability, liquor liability, and property-damage coverage with a minimum amount of three hundred thousand dollars ($300,000) or a different amount as determined by local ordinance. The insurance policy must also stipulate that it cannot be modified or canceled without prior notice to the town of Westerly, and the town must be named as an additional insured party.

Additionally, the bill retains similar insurance requirements for applicants in the towns of Burrillville and North Providence, which also require a minimum coverage of three hundred thousand dollars ($300,000) for commercial and general-liability, as well as property-damage insurance. The new provisions for Westerly are inserted into the existing law, while no deletions are noted in the text. This act will take effect upon passage.