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On and after January 1, 2001, any person engaged in the enterprise of residence restore and remodeling shall obtain and maintain in full drive and impact through the operation of the enterprise public liability and property injury insurance within the quantity of $10,000 per incidence for home restore or remodeling not in conformance with relevant State, county, or municipal codes, except the particular person has a net price of not less than $1,000,000 as determined on the basis of the particular person’s most up-to-date monetary statement, ready inside 13 months.
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