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2016 California Code
Public Utilities Code - PUC
DIVISION 2 - REGULATION OF RELATED BUSINESSES BY THE PUBLIC UTILITIES COMMISSION
CHAPTER 9 - Commercial Air Carriers
ARTICLE 1 - Accident Liability Protection
Section 5506.
Universal Citation:
CA Pub Util Code ยง 5506 (2016)
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5506. The protection required under Section 5503 shall be evidenced either by the deposit with the commission, covering each aircraft used or to be used in commercial operations for compensation, of:
(a) A copy of the policy of insurance, issued by a company licensed to write such insurance in the State; or
(b) A bond of a surety company licensed to write surety bonds in the State.
(c) Such evidence of the qualification of the commercial air operator as a self-insurer as may be authorized by the commission.
(Added by Stats. 1963, Ch. 1282.)
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