NORTH CAROLINA GENERAL ASSEMBLY

1981 SESSION

CHAPTER 776

HOUSE BILL 1324

AN ACT TO PROVIDE FOR INCLUSION IN THE NORTH CAROLINA MOTOR VEHICLE REINSURANCE FACILITY OF INSURANCE LIMITS REQUIRED BY THE UNITED STATES DEPARTMENT OF TRANSPORTATION.

The General Assembly of North Carolina enacts:

Section 1. G.S. 58-248.26(7) is amended by adding the following:

"With respect to motor carriers who are subject to the financial responsibility requirements established under the Motor Carrier Act of 1980, the term, 'motor vehicle insurance' includes coverage with respect to environmental restoration. As used in this subsection the term, 'environmental restoration' means restitution for the loss, damage, or destruction of natural resources arising out of the accidental discharge, dispersal, release, or escape into or upon the land, atmosphere, water course, or body of water of any commodity transported by a motor carrier. Environmental restoration includes the cost of removal and the cost of necessary measures taken to minimize or mitigate damage or potential for damage to human health, the natural environment, fish, shellfish, and wildlife."

Sec. 2. G.S. 58-248.33(b)(1)e. is amended by deleting the last period and by adding the following:

"or who are subject to financial responsibility requirements established under the Federal Motor Carrier Act of 1980."

Sec. 3. G.S. 58-248.33(b)(2) is amended in lines 14 and 15 by deleting the following: "Any other motor vehicle insurance required by law: in twice the amount of coverage limits required by law."

Sec. 4. This act is effective upon ratification.

In the General Assembly read three times and ratified, this the 2nd day of July, 1981.