What is the Equine Liability Risk Retention Act?

The Equine Liability Risk Retention Act is a law in California which states that professional equine activity sponsors and equine professionals are covered by an assumed liability of up to $1 million in regards to the death or injury of any participant in the equine activity. This law applies to anyone who participates in an equine activity, even if they do not pay an entry fee or hire a professional. This Act was introduced in 1986 to help protect the interests of those involved in equine activities in California. This Act is important to consider when participating in an equine activity, as it limits the liability of sponsors and professionals in the event of an accident or injury. The law does not resolve injuries or disputes that arise due to the negligence of either participant or sponsor but does provide a financial buffer for the responsible parties in the event of a lawsuit. The Equine Liability Risk Retention Act also outlines the responsibilities of each party involved in an equine activity. Participants must be aware of the risks associated with an equine activity, as well as the liabilities that may arise from participation. Sponsors and equine professionals must strive to maintain high safety standards and ensure an environment that minimizes risks of injury or death. By understanding the Equine Liability Risk Retention Act, participants, sponsors, and professionals can go into an equine activity with their respective liabilities in mind. This ensures everyone is aware of the risks involved in equine activities, while allowing them to engage in the activity with the safety and peace of mind that comes with the protection of the law.

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What is the Equine Liability Risk Retention Act?

What is the Equine Liability Risk Retention Act?

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