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Section 5 . Term of franchise . <br /> The franchise granted shall be for such term and <br /> under such conditions as the Board may deem necessary and <br /> shall cover such area of Orange County as the Board shall <br /> deem necessary, provided that any franchise granted may be <br /> suspended or revoked by the Board after a hearing held upon <br /> thirty (30) days notice to any franchise holder. No <br /> franchise granted may be sold , assigned , or transferred nor <br /> in any way vest in any person other than the applicant to <br /> whom the franchise is granted. <br /> Section 6. State regulations. <br /> All ambulances operated by holders of franchises <br /> granted hereunder shall be subject to all applicable laws and <br /> regulations of the State of North Carolina . <br /> Section 7. County regulations. <br /> A. Every ambulance operated under a franchise <br /> granted hereunder shall be occupied as prescribed in Section <br /> 2B of this ordinance. <br /> B. Every ambulance franchised hereunder shall <br /> carry public liability insurance against injury to persons <br /> and property damage in an amount not less than I$100,00in <br /> respect to any one person, poo,00g in respect to any one <br /> accident , and [ s5o,14 in respect to property damage. <br /> Section 8 . Operation of Ambulances. <br /> The operator of an ambulance franchised hereunder <br /> -7- <br />