California CodesBusiness and Professions Code - BPCDivision 3 — Professions and Vocations GenerallyChapter 11.5 — Private Security ServicesArticle 4 — Private Patrol OperatorsSection 7583.40
“Insurance policy,” as used in this article, means a commercial general liability policy of insurance issued by an insurance company authorized to transact business in this state that provides minimum limits of insurance of one million dollars ($1,000,000) for any one loss or occurrence due to bodily injury, including death, or property damage, or both.
Notes
Defines “insurance policy,” for purposes of the article, as a commercial general liability policy issued by an insurer authorized to transact business in California. Requires the policy, to meet the definition, to provide at least $1,000,000 for any one loss or occurrence arising from bodily injury, including death, property damage, or both.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 7583.40 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-3/chapter-11-5/article-4/section-7583-40