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<br />certificate signed by a qualified agent of an insurance company stating that <br />the policy required in this division, has been issued to the lieensee for <br />employees' liability insurance or workmen's compensation isnurance, public <br />liability insurance and pub'lic property damage insurance; the minimum <br />limits of each and the policy mumber; the name of the company, the effective <br />date of such policies; and the expiration date of such policies, together <br />with a statement and a copy of an endorsement placed on such policy requiring <br />ten (IO) days' written notice by registered mail to the building inspector, <br />if it becomes necessary to cancel the policy, for any reason. <br />(c) In the event of a cancellation of a policy, the licensee or <br />registrant shall be required to furnish a new certificate in full complicanee <br />with the terms of this sect'ion within the ten OO} day period; otherwise, <br />the license or registration shall automatically be revoked. The license or <br />regi strati on shall be rei nSltated when the 1 i censee or regi strant has furn- <br />ished a certificate of insul~ance in compliance with this section, unless <br />such license is suspended for reasons other than the failure to file a <br />proper certificate of insurance. <br />Section 22A-20. Other requirements prerequisite to issuance. <br />Any licenses or rE~gistrations or lawful requirements imposed by <br />other provisions of this Code, other ordinances of the city or laws of the <br />state upon an applicant for a contractor's license or registration under this <br />division shall be deemed prE~requisites to the issuance of such license or regis- <br />tration. <br />Secti on 22A-31. Issuance. <br />If in the opinion of the building inspector, the applicant for <br />a license or registration rE!quired by this division is qualified by training or <br />experience and is financial~ly and morally responsible to fulfill the obligation <br />of a contractor, he shall issued the applicant a license or registration upon <br />payment of the annual fee pl"escribed in this division. <br />Section 22A-32. Term Clnd renewal. <br />A contractor's license or registration issued under the provisions <br /> <br />-5- <br />