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(a) No operational licenses shall be issued to any transporter of commercial medical waste unless that transporter shows evidence that:
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(1) Each vehicle used for the transportation of commercial medical waste is covered by liability insurance in an amount specified by the Department of Health; and
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(2) The liability insurance is issued by a company authorized to do business in this state by the State Insurance Department.
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(b) Companies providing liability insurance for any transporter of commercial medical waste shall notify the Department of Health of the cancellation of any policy providing liability coverage to a transporter at least thirty (30) days before cancellation.
