Home > Journals > Michigan Law Review > MLR > Volume 22 > Issue 7 (1924)
Abstract
The Supreme Court has recently declared constitutional and valid the New York legislation requiring taxi-cab drivers to file with the state a surety bond or an insurance policy conditioned for the payment of judgments against the driver for personal injuries caused by the operation or the defective construction of his vehicle. Packard v. Banton (Feb., 1924) Adv. Ops. No. 126. The amount of the bond or policy required is only $2,500, though with a continuing liability for that amount during the period of the bond. It appears from the court's opinion that the insurance companies charged a premium of $900 for such a bond, and the cost in mutual companies was $540 per year. Similar enactments are found in other states, e. g. R. I., Laws of 1922, Ch. 2222.
Recommended Citation
CRIMINAL ASSAULT THROUGH NEGLIGENCE--BONDING AUTOMOBILE DRIVERS,
22
Mich. L. Rev.
717
(1924).
Available at:
https://repository.law.umich.edu/mlr/vol22/iss7/7