§ 974.
(d)
Deductible limit
If the estimated value of the items covered by an indemnity agreement for a single exhibition is—
(1)
$2,000,000 or less, then coverage under this chapter shall extend only to loss or damage in excess of the first $15,000 of loss or damage to items covered;
(2)
more than $2,000,000 but less than $10,000,000 then coverage under this chapter shall extend only to loss or damage in excess of the first $25,000 of loss or damage to items covered;
(3)
not less than $10,000,000 but less than $125,000,000, then coverage under this chapter shall extend to loss or damage in excess of the first $50,000 of loss or damage to items covered;
(4)
not less than $125,000,000 but less than $200,000,
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;
(5)
not less than $200,000,000 but less than $300,000,000, then coverage under the
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;
(6)
not less than $300,000,000 but less than $400,000,000, then coverage under this chapter shall extend only to loss or damage in excess of the first $300,000 of loss or damage to items covered;
(7)
not less than $400,000,000 but less than $500,000,000, 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; or
(8)
$500,000,000 or more, then coverage under this chapter shall extend only to loss or damage in excess of the first $500,000 of loss or damage to items covered.
([Pub. L. 94–158, § 5], Dec. 20, 1975, [89 Stat. 845]; [Pub. L. 96–496, title III], §§ 301, 302, Dec. 4, 1980, [94 Stat. 2593]; [Pub. L. 99–194, title III, § 303], Dec. 20, 1985, [99 Stat. 1345]; [Pub. L. 100–202, § 101(g) [title II, § 201]], Dec. 22, 1987, [101 Stat. 1329–213], 1329–249; [Pub. L. 101–512, title III, § 318 [title III, § 301]], Nov. 5, 1990, [104 Stat. 1960], 1976; [Pub. L. 105–277, div. A, § 101(e) [title III, § 333]], Oct. 21, 1998, [112 Stat. 2681–231], 2681–294; [Pub. L. 108–81, title V, § 501], Sept. 25, 2003, [117 Stat. 1003]; [Pub. L. 109–54, title IV, § 427], Aug. 2, 2005, [119 Stat. 555]; [Pub. L. 110–161, div. F, title IV, § 426(2)], (3), Dec. 26, 2007, [121 Stat. 2151]; [Pub. L. 113–235, div. F, title IV, § 416], Dec. 16, 2014, [128 Stat. 2448].)