{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/5.1-116.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/5.1-116.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/5.1-116.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/5.1-116.html"}],"law_id":58310,"edition_id":1,"section_id":58310,"structure_id":14427,"section_number":"5.1-116","catch_line":"Bonds, insurance or certificate of insurance required prior to issuance of certificate or permit","history":"Code 1950, \u00a7 56-170; 1970, c. 708; 1975, c. 211.","full_text":"No certificate or permit shall be issued by the Commission to any air carrier until and after such air carrier shall have filed with, and the same has been approved by, the Commission, an insurance policy, bond or certificate of insurance in lieu thereof, certifying that such policy or bond covers the liability of such air carrier in accordance with the provisions of this article, issued by an insurance company or association or other insurer authorized to transact business in this Commonwealth, or bonds, to an amount approved by the Commission, of the Commonwealth of Virginia, of the United States of America, or of any municipality in this Commonwealth. Such state, federal, or municipal bonds shall be deposited with the State Treasurer, and such surety shall not be reduced during the life of such certificate or permit, except in accordance with an order of the Commission.","order_by":null,"text":{"0":{"id":213574,"text":"No certificate or permit shall be issued by the Commission to any air carrier until and after such air carrier shall have filed with, and the same has been approved by, the Commission, an insurance policy, bond or certificate of insurance in lieu thereof, certifying that such policy or bond covers the liability of such air carrier in accordance with the provisions of this article, issued by an insurance company or association or other insurer authorized to transact business in this Commonwealth, or bonds, to an amount approved by the Commission, of the Commonwealth of Virginia, of the United States of America, or of any municipality in this Commonwealth. Such state, federal, or municipal bonds shall be deposited with the State Treasurer, and such surety shall not be reduced during the life of such certificate or permit, except in accordance with an order of the Commission.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":14427,"edition_id":1,"name":"Bonds or Insurance","identifier":"7","label":"article","depth":3,"order_by":1,"parent_id":13309,"metadata":{},"date_created":"2026-06-26 03:48:06","date_modified":"2026-06-26 03:48:06","permalink":{"id":234079,"object_type":"structure","relational_id":14427,"identifier":"7","token":"5.1\/9\/7","url":"\/5.1\/9\/7\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13309,"edition_id":1,"name":"Air Carriers","identifier":"9","label":"chapter","depth":2,"order_by":1,"parent_id":13105,"metadata":{},"date_created":"2026-06-26 03:44:37","date_modified":"2026-06-26 03:44:37","permalink":{"id":233965,"object_type":"structure","relational_id":13309,"identifier":"9","token":"5.1\/9","url":"\/5.1\/9\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13105,"edition_id":1,"name":"Aviation","identifier":"5.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:17","date_modified":"2026-06-26 03:44:17","permalink":{"id":233299,"object_type":"structure","relational_id":13105,"identifier":"5.1","token":"5.1","url":"\/5.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":58310,"structure_id":14427,"section_number":"5.1-116","catch_line":"Bonds, insurance or certificate of insurance required prior to issuance of certificate or permit","url":"\/5.1-116\/","token":"5.1\/9\/7\/5.1-116","metadata":false},{"id":82987,"structure_id":14427,"section_number":"5.1-117","catch_line":"Bonds or insurance to be kept in force","url":"\/5.1-117\/","token":"5.1\/9\/7\/5.1-117","metadata":false},{"id":78651,"structure_id":14427,"section_number":"5.1-118","catch_line":"Policies, bonds or certificates to be filed with Commission; securities deposited in lieu thereof","url":"\/5.1-118\/","token":"5.1\/9\/7\/5.1-118","metadata":false},{"id":55788,"structure_id":14427,"section_number":"5.1-119","catch_line":"Condition of bond, etc","url":"\/5.1-119\/","token":"5.1\/9\/7\/5.1-119","metadata":false},{"id":70789,"structure_id":14427,"section_number":"5.1-120","catch_line":"Effect of failure to give security","url":"\/5.1-120\/","token":"5.1\/9\/7\/5.1-120","metadata":false}],"next_section":{"id":82987,"structure_id":14427,"section_number":"5.1-117","catch_line":"Bonds or insurance to be kept in force","url":"\/5.1-117\/","token":"5.1\/9\/7\/5.1-117","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/5.1-116\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1970, chapter 708; in 1975, chapter 211.<\/p>","references":[{"id":70789,"section_number":"5.1-120","catch_line":"Effect of failure to give security","order_by":null,"url":"\/5.1-120\/"}],"refers_to":false,"permalink":{"id":234081,"object_type":"law","relational_id":58310,"identifier":"5.1-116","token":"5.1\/9\/7\/5.1-116","url":"\/5.1-116\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/5.1-116\/","token":"5.1\/9\/7\/5.1-116","dublin_core":{"Title":"Bonds, insurance or certificate of insurance required prior to issuance of certificate or permit","Type":"Text","Format":"text\/html","Identifier":"\u00a7 5.1-116","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

No certificate<\/span> or permit shall be issued by the Commission<\/span> to any air carrier<\/span> until and after such air carrier<\/span> shall have filed with, and the same has been approved by, the Commission<\/span>, an insurance policy, bond<\/span> or certificate<\/span> of insurance in lieu thereof, certifying that such policy or bond<\/span> covers the liability of such air carrier<\/span> in accordance with the provisions of this article, issued by an insurance company or association or other insurer authorized to transact business in this Commonwealth, or bonds<\/span>, to an amount approved by the Commission<\/span>, of the Commonwealth of Virginia, of the United States of America, or of any municipality in this Commonwealth. Such state, federal, or municipal bonds<\/span> shall be deposited with the State Treasurer, and such surety<\/span> shall not be reduced during the life of such certificate<\/span> or permit, except in accordance with an order<\/span> of the Commission<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nBONDS, INSURANCE OR CERTIFICATE OF INSURANCE REQUIRED PRIOR TO ISSUANCE OF\nCERTIFICATE OR PERMIT (\u00a7 5.1-116)\n\nNo certificate or permit shall be issued by the Commission to any air carrier\nuntil and after such air carrier shall have filed with, and the same has been\napproved by, the Commission, an insurance policy, bond or certificate of\ninsurance in lieu thereof, certifying that such policy or bond covers the\nliability of such air carrier in accordance with the provisions of this article,\nissued by an insurance company or association or other insurer authorized to\ntransact business in this Commonwealth, or bonds, to an amount approved by the\nCommission, of the Commonwealth of Virginia, of the United States of America, or\nof any municipality in this Commonwealth. Such state, federal, or municipal\nbonds shall be deposited with the State Treasurer, and such surety shall not be\nreduced during the life of such certificate or permit, except in accordance with\nan order of the Commission.\n\nHISTORY: Code 1950, \u00a7 56-170; 1970, c. 708; 1975, c. 211.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}