In lieu of any policy or policies of insurance required by Sections 413-33 and 413-35, applicant may furnish a bond executed by a surety company authorized to do business
in the state of Ohio, approved as to sufficiency by the city treasurer and as to form
by the city solicitor, holding and binding the principal and sureties to the same
liability, and subject to the same conditions as in the case of policies of insurance
provided for herein.
It shall further be permissible for the applicant to furnish insurance for personal
injuries, including death, and an indemnity bond or bonds as to the property damage,
or vice versa.
(Sec. 413-37; ordained by Ord. No. 297-1962, eff. Aug. 1, 1962; reordained as C.M.C.
413-37, eff. Jan. 1, 1972)
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