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11-10-2004 Council Agenda
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11-10-2004 Council Agenda
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(a) a certificate that there is in effect for the license period an insurance policy or <br />pool providing at least $50,000 of coverage because of bodily injury to any one person in any one <br />occurrence, $100,000 because of bodily injury to two or more persons in any one occurrence, <br />$10,000 because of injury to or destruction of property of others in any one occurrence, $50,000 for <br />loss of means of support of any one person in any one occurrence, and $100,000 for loss of means of <br />support of two or more persons in any one occurrence; or <br />(b) a bond of a surety company with minimum coverages as provided in <br />paragraph (a); or <br />(c) a certificate of the state treasurer that the licensee has deposited with the state <br />treasurer $300,000 in cash or securities which may legally be purchased by savings banks or for trust <br />funds having a market value of $300,000. <br />store. <br />(3) Off -Sale License. An off -sale license may only be granted to an exclusive liquor <br />(4) On -Sale Intoxicating Liquor License. Each license shall state whether or not the <br />applicant proposes to afford the privilege of dancing to his or her guests or whether vaudeville <br />entertainment will be afforded or whether both will be provided. In case the applicant proposes to <br />afford the public the privilege of dancing, the application shall set forth the amount of floor space <br />available which the applicant proposes to maintain for dancing purposes. <br />(5) On -Sale Restaurant Intoxicating Liquor License. Each application and "On -Sale <br />Restaurant" intoxicating liquor license shall include sufficient evidence to confirm that the applicant <br />has satisfied the requirements of Section 703.030 of this Chapter. <br />(6) Proof of Financial Responsibility. Prior to the issuance of an intoxicating liquor <br />license, the applicant shall demonstrate proof of financial responsibility as defined in Minnesota <br />Statutes Section 340A.409, Subdivision 1, with reference to liability under Minnesota Statutes <br />Section 340A.801. The applicant shall demonstrate that such proof has been filed with the <br />Commissioner of Public Safety where required under Minnesota Statutes Section 340A.409. Proof <br />of financial responsibility shall be required prior to the issuance of any intoxicating liquor license, <br />including temporary on -sale licenses, regardless of the provisions of Minnesota Statutes Section <br />340A.409, Subdivision 4. Any liability insurance policy filed as proof of financial responsibility <br />under this subdivision shall conform to the requirements of Minnesota Statutes Section 340A.409. <br />The minimum requirement for proof of financial responsibility may be given by filing: <br />(a) a certificate that there is in effect for the license period an insurance policy or <br />pool providing at least $50,000 of coverage because of bodily injury to any one person in any one <br />occurrence, $100,000 because of bodily injury to two or more persons in any one occurrence, <br />$10,000 because of injury to or destruction of property of others in any one occurrence, $50,000 for <br />loss of means of support of any one person in any one occurrence, and $100,000 for loss of means of <br />703 -3 <br />
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