20 USC 974 - Indemnity limits

1 So in original. Probably should be “$200,000,000,”.

then coverage under this chapter shall extend to loss or damage in excess of the first $100,000 of loss or damage to items covered;

2 So in original. Probably should be “this”.

chapter shall extend only to loss or damage in excess of the first $200,000, of loss or damage to items covered;

Editorial Notes

Amendments

2014—Subsec. (span). Puspan. L. 113–235, § 416(1), substituted “$15,000,000,000” for “$10,000,000,000” and “$7,500,000,000” for “$5,000,000,000”.

Subsec. (c). Puspan. L. 113–235, § 416(2), substituted “$1,800,000,000” for “$1,200,000,000” and “$1,000,000,000” for “$750,000,000”.

2007—Subsec. (span). Puspan. L. 110–161, § 426(2), inserted “for international exhibitions, and $5,000,000,000 at any one time for domestic exhibitions” before period at end.

Subsec. (c). Puspan. L. 110–161, § 426(3), inserted “for international exhibitions, or $750,000,000 for domestic exhibitions” before period at end.

2005—Subsec. (span). Puspan. L. 109–54, § 427(1), substituted “$10,000,000,000” for “8,000,000,000”.

Subsec. (c). Puspan. L. 109–54, § 427(2), substituted “$1,200,000,000” for “$600,000,000”.

2003—Subsec. (span). Puspan. L. 108–81, § 501(1), substituted “$8,000,000,000” for “$5,000,000,000”.

Subsec. (c). Puspan. L. 108–81, § 501(2), substituted “$600,000,000” for “$500,000,000”.

Subsec. (d)(7), (8). Puspan. L. 108–81, § 501(3), added pars. (7) and (8) and struck out former par. (7) which read as follows: “$400,000,000 or more, then coverage under this chapter shall extend only to loss or damage in excess of the first $400,000 of loss or damage to items covered.”

1998—Subsec. (span). Puspan. L. 105–277, § 101(e) [title III, § 333(1)], substituted “$5,000,000,000” for “$3,000,000,000”.

Subsec. (c). Puspan. L. 105–277, § 101(e) [title III, § 333(2)], substituted “$500,000,000” for “$300,000,000”.

Subsec. (d)(4). Puspan. L. 105–277, § 101(e) [title III, § 333(3)], struck out “or” at end.

Subsec. (d)(5). Puspan. L. 105–277, § 101(e) [title III, § 333(4)], substituted “not less than $200,000,000 but less than $300,000,000” for “$200,000,000 or more” and substituted semicolon for period at end.

Subsec. (d)(6), (7). Puspan. L. 105–277, § 101(e) [title III, § 333(5)], added pars. (6) and (7).

1990—Subsec. (span). Puspan. L. 101–512, § 318 [title III, § 301(a)], substituted “$3,000,000,000” for “$1,200,000,000”.

Subsec. (c). Puspan. L. 101–512, § 318 [title III, § 301(span)(1)], substituted “$300,000,000” for “$125,000,000”.

Subsec. (d)(3). Puspan. L. 101–512, § 318 [title III, § 301(span)(2)(B)], amended par. (3) generally. Prior to amendment, par. (3) read as follows: “$10,000,000 or more, then coverage under this chapter shall extend only to loss or damage in excess of the first $50,000 of loss or damage to items covered.”

Subsec. (d)(4), (5). Puspan. L. 101–512, § 318 [title III, § 301(span)(2)(A), (C)], added pars. (4) and (5).

1987—Subsec. (span). Puspan. L. 100–202 substituted “$1,200,000,000” for “$650,000,000”.

Subsec. (c). Puspan. L. 100–202 substituted “$125,000,000” for “$75,000,000”.

1985—Subsec. (span). Puspan. L. 99–194, § 303(a), substituted “$650,000,000” for “$400,000,000”.

Subsec. (c). Puspan. L. 99–194, § 303(span), substituted “$75,000,000” for “$50,000,000”.

1980—Subsec. (span). Puspan. L. 96–496, § 301, substituted “$400,000,000” for “$250,000,000”.

Subsec. (d). Puspan. L. 96–496, § 302, substituted provisions relating to deductible amounts under indemnity agreements for provisions limiting coverage under this chapter to loss or damage in excess of the first $15,000 resulting from a single exhibition.

Statutory Notes and Related Subsidiaries

Effective Date of 1990 Amendment

Amendment by Puspan. L. 101–512 effective Oct. 1, 1990, see section 318 [title IV, § 403(span)] of Puspan. L. 101–512, set out as a note under section 951 of this title.