{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/5.1-117.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/5.1-117.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/5.1-117.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/5.1-117.html"}],"law_id":82987,"edition_id":1,"section_id":82987,"structure_id":14427,"section_number":"5.1-117","catch_line":"Bonds or insurance to be kept in force","history":"Code 1950, \u00a7 56-171; 1970, c. 708.","full_text":"Each holder of a certificate or permit issued by the Commission shall also keep in force at all times insurance or a bond underwritten by an insurer approved or authorized to do business in Virginia, or by one who is eligible as a surplus lines insurer in accordance with the provisions of Chapter 48 (\u00a7 38.2-4805.1 et seq.) of Title 38.2 in amounts of not less than the following minimum limits: (a) liability for bodily injury to or death to any one person, passenger or other, aboard the aircraft, $75,000; and a limit for each occurrence in any one aircraft of at least an amount equal to the sum produced by multiplying $75,000 by seventy-five percent of the total number of passenger seats installed in the aircraft; and for the loss or damage to cargo owned by other than the insured, at least $10,000 for each occurrence; provided, however, that a holder of a permit issued by the Commission shall not be required to file any cargo insurance, bond or bonds for cargo liability for the hauling of property transported under contract. However, in no event shall the limits required herein for air common carriers be less than those prescribed for like carriers by the Civil Aeronautics Board or the Federal Aviation Administration.","order_by":null,"text":{"0":{"id":297490,"text":"Each holder of a certificate or permit issued by the Commission shall also keep in force at all times insurance or a bond underwritten by an insurer approved or authorized to do business in Virginia, or by one who is eligible as a surplus lines insurer in accordance with the provisions of Chapter 48 (\u00a7 38.2-4805.1 et seq.) of Title 38.2 in amounts of not less than the following minimum limits: (a) liability for bodily injury to or death to any one person, passenger or other, aboard the aircraft, $75,000; and a limit for each occurrence in any one aircraft of at least an amount equal to the sum produced by multiplying $75,000 by seventy-five percent of the total number of passenger seats installed in the aircraft; and for the loss or damage to cargo owned by other than the insured, at least $10,000 for each occurrence; provided, however, that a holder of a permit issued by the Commission shall not be required to file any cargo insurance, bond or bonds for cargo liability for the hauling of property transported under contract. However, in no event shall the limits required herein for air common carriers be less than those prescribed for like carriers by the Civil Aeronautics Board or the Federal Aviation Administration.","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}],"previous_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","url":"\/5.1-116\/","token":"5.1\/9\/7\/5.1-116","metadata":false},"next_section":{"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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/5.1-117\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 1 time. 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. That modification is as follows: in 1970, chapter 708.<\/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":[{"id":54697,"section_number":"38.2-4805.1","catch_line":"Application of chapter","order_by":null,"url":"\/38.2-4805.1\/"}],"permalink":{"id":234085,"object_type":"law","relational_id":82987,"identifier":"5.1-117","token":"5.1\/9\/7\/5.1-117","url":"\/5.1-117\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/5.1-117\/","token":"5.1\/9\/7\/5.1-117","dublin_core":{"Title":"Bonds or insurance to be kept in force","Type":"Text","Format":"text\/html","Identifier":"\u00a7 5.1-117","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

Each holder of a certificate<\/span> or permit issued by the Commission<\/span> shall also keep in force at all times insurance or a bond<\/span> underwritten by an insurer approved or authorized to do business in Virginia, or by one who is eligible as a surplus lines insurer in accordance with the provisions of Chapter 48 (\u00a7 38.2-4805.1<\/a> et seq.) of Title 38.2 in amounts of not less than the following minimum limits: (a) liability for bodily injury to or death to any one person<\/span>, passenger or other, aboard the aircraft<\/span>, $75,000; and a limit for each occurrence in any one aircraft<\/span> of at least an amount equal to the sum produced by multiplying $75,000 by seventy-five percent of the total number of passenger seats installed in the aircraft<\/span>; and for the loss or damage to cargo owned by other than the insured, at least $10,000 for each occurrence; provided, however, that a holder of a permit issued by the Commission<\/span> shall not be required to file any cargo insurance, bond<\/span> or bonds<\/span> for cargo liability for the hauling of property transported under contract<\/span>. However, in no event shall the limits required herein for air common carriers be less than those prescribed for like carriers by the Civil Aeronautics Board<\/span> or the Federal Aviation Administration.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nBONDS OR INSURANCE TO BE KEPT IN FORCE (\u00a7 5.1-117)\n\nEach holder of a certificate or permit issued by the Commission shall also keep\nin force at all times insurance or a bond underwritten by an insurer approved or\nauthorized to do business in Virginia, or by one who is eligible as a surplus\nlines insurer in accordance with the provisions of Chapter 48 (\u00a7 38.2-4805.1 et\nseq.) of Title 38.2 in amounts of not less than the following minimum limits:\n(a) liability for bodily injury to or death to any one person, passenger or\nother, aboard the aircraft, $75,000; and a limit for each occurrence in any one\naircraft of at least an amount equal to the sum produced by multiplying $75,000\nby seventy-five percent of the total number of passenger seats installed in the\naircraft; and for the loss or damage to cargo owned by other than the insured,\nat least $10,000 for each occurrence; provided, however, that a holder of a\npermit issued by the Commission shall not be required to file any cargo\ninsurance, bond or bonds for cargo liability for the hauling of property\ntransported under contract. However, in no event shall the limits required\nherein for air common carriers be less than those prescribed for like carriers\nby the Civil Aeronautics Board or the Federal Aviation Administration.\n\nHISTORY: Code 1950, \u00a7 56-171; 1970, c. 708.","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}}