24-14-104. Amount of coverage - limitations

24-14-104. Amount of coverage - limitations. (1) The extent of the insurance coverage shall be limited as follows: (a) For any bodily injury and property damage to one person in any single occurrence, the sum of one hundred fifty thousand dollars; (b) For any bodily injury and property damage to two or more persons in any single occurrence, the sum of four hundred thousand dollars; except that, in such instance, no person may recover in excess of one hundred fifty thousand dollars.