(a) Armed guards, security guards and patrol, guard or watchman services shall maintain general liability insurance for damages in consequence of operating as armed guards, security guards or patrol, guard or watchman services in the minimum amount of five hundred thousand dollars ($500,000.00) for all claims arising out of a single occurrence. No armed guard, security guard or patrol, guard or watchman service license shall be issued by the business license administrator until the applicant has presented to the licensing authority a liability insurance policy or certificate of insurance evidencing compliance with the insurance requirements of this section.

    (b) Patrol, guard or watchman services which provide insurance coverage for any armed guard or security guard employee shall notify the business license supervisor whenever such an employee leaves his employment with the patrol, guard or watchman service. The notice required by tis subsection shall be given in writing no later than three business days after the employee leaves his employment.

    (c) Those holding armed guard, security guard or patrol, guard or watchman service licenses shall maintain the requisite insurance in effect at all times.

(Ord. No. 11482, § 1, 5-18-87; Ord. No. 11614, § 1, 9-8-87; Ord. No. 11739, § 1, 1-4-88)