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(2) <br /> <br />Any other form of liability znsurance policy issued by <br />an insurance carrier authorized to do business in this <br />state or by a bond; provided that every such policy or <br />bond mentioned herein is subject to a limit, exclusive <br />of interest and costs~ of twenty thousand dollars <br /> ($20,000.00) because of bodily injury to or death of <br />one person in any one accident and, subject to that <br />limit for one persons to a limit of forty thousand <br />dollars ($40~000.00) because of bodily injury to or <br />death of two (2) or more persons in any one accident <br />and to a limit of five thousand dollars ($5~000.00) <br />because of injury to or destruction of property of <br />others in any one accident. <br /> <br /> (d) The commissioner shall forward the certificate of insur- <br />ance or bond to the insurance company or surety company, which- <br />ever is applicable, for verification as to whether or not the <br />policy or bond certified was applicable to any liability that <br />may a~ise out of the accident as to the named insured. <br /> <br />2. This ordinance shall be in effect from the date of <br />its passage. <br /> <br /> Adopted by the Council of the City of Portsmouth~ Vir- <br />ginia, at a meetinq held January 28, 1975. <br /> <br />Teste: <br /> <br />City Clerk <br /> <br />-2- <br /> <br /> <br />