Indiana Code 8-21-3-12. “Aircraft liability policy” defined
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Terms Used In Indiana Code 8-21-3-12
- Aircraft: means any contrivance used or designed for navigation of or flight in the air. See Indiana Code 8-21-3-1
- Aircraft accident: means any mishap involving an aircraft resulting in injury or damage to such aircraft or to any person, property, or thing. 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
- this state: means the state of Indiana. See Indiana Code 8-21-3-1
Sec. 12. An aircraft liability policy as said term is used in this chapter, shall mean an owner‘s policy of liability insurance or an operator‘s policy of liability insurance for which a certificate has been filed with the department by an insurance carrier authorized to do business in this state pursuant to the insurance laws of this state for the benefit of the person named therein as insured; which policy shall contain the terms, conditions and provisions required by the laws of this state and with sufficient liability coverage to meet the security and proof of financial responsibility requirements established within the purview of section 4 and pursuant to this chapter by the department as a result of an aircraft accident occurring within this state and shall be approved by the insurance commissioner of the state of Indiana.
Formerly: Acts 1951, c.267, s.12; Acts 1953, c.85, s.5. As amended by Acts 1980, P.L.74, SEC.324.