Sec. 10. (a) Proof of financial responsibility may be made by filing with the department the written certificate or certificates of any insurance carrier certifying that it has issued to or for the benefit of the person furnishing such proof and named as the insured, an aircraft liability policy or policies meeting the requirements of this chapter, and such other information as the department may require.

     (b) When the person required to give proof of financial responsibility, is not the owner of an aircraft, then an operator‘s policy of liability insurance as defined in this chapter shall be sufficient proof of financial responsibility.

Formerly: Acts 1951, c.267, s.10. As amended by Acts 1980, P.L.74, SEC.322.

Terms Used In Indiana Code 8-21-3-10

  • Aircraft: means any contrivance used or designed for navigation of or flight in the air. See Indiana Code 8-21-3-1
  • Department: refers to the Indiana department of transportation; and "state" or "this state" means the state of Indiana. See Indiana Code 8-21-3-1
  • Insured: means the person in whose name there is issued an aircraft liability policy (as defined in section 12 of this chapter) and any other person insured under the terms of such policy. See Indiana Code 8-21-3-1
  • Operator: means any person who is in actual physical control of an aircraft. See Indiana Code 8-21-3-1
  • Owner: means any person in whose name the aircraft is certificated, licensed, or registered by appropriate federal or state authority. See Indiana Code 8-21-3-1
  • Person: means any individual, firm, partnership, corporation, company, limited liability company, association, joint stock association, or body politic; and includes any trustee, receiver, assignee, or other similar representative of an entity described in this subdivision. See Indiana Code 8-21-3-1
  • Proof of financial responsibility: has the meaning set forth in section 8 of this chapter. See Indiana Code 8-21-3-1
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