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.
Code 1950, § 56-170; 1970, c. 708; 1975, c. 211.
Structure Code of Virginia
§ 5.1-90.1. Incidental transportation of certain passengers and property by motor vehicle
§ 5.1-91. Air carriers to comply with chapter; subject to regulation by Commission
§ 5.1-92. Regulation by Commission; reports; prevention of discrimination
§ 5.1-93. Regulation of brokers
§ 5.1-94. Required certificate of public convenience and necessity
§ 5.1-95. Application for certificate; notices, etc.
§ 5.1-96. Fees in connection with certificates
§ 5.1-97. Hearing on application; action of Commission
§ 5.1-98. Factors to be considered by the Commission in granting certificates
§ 5.1-99. Occasional deviations from authorized routes; emergency landings
§ 5.1-100. Transportation of baggage, mail, etc., with passengers
§ 5.1-101. Chartered parties covered by common carriers
§ 5.1-102. Schedule changes require Commission approval
§ 5.1-108. When broker's license required
§ 5.1-109. Application for broker's license
§ 5.1-110. Hearing on such application and action thereon
§ 5.1-111. Authority over brokers; bond
§ 5.1-112. Broker's license not substitute for other certificates or permits required
§ 5.1-114. Transfer or lease of certificate
§ 5.1-115. No value allowed for certificates
§ 5.1-117. Bonds or insurance to be kept in force
§ 5.1-119. Condition of bond, etc.
§ 5.1-120. Effect of failure to give security
§ 5.1-122. Duties of carriers of property as to service, rates and regulations
§ 5.1-123. Through routes, joint rates, etc., not required may be established
§ 5.1-124. Undue preference not permitted
§ 5.1-125. Complaints; action of Commission thereon or on own initiative
§ 5.1-126. Establishment of through routes, etc., by Commission
§ 5.1-127. Prescribing divisions of joint rates
§ 5.1-128. New rate schedule; hearing; suspension; action thereon
§ 5.1-129. Goodwill, certificate, etc., not element of value in rate making
§ 5.1-130. Criteria for establishment of rates
§ 5.1-131. Other remedies not extinguished
§ 5.1-132. Tariffs showing rates, fares and charges, etc.
§ 5.1-133. Unlawful to charge other than published tariff
§ 5.1-134. Changes in tariffs, etc.
§ 5.1-135. No transportation except when rates have been filed and published
§ 5.1-136. Free passes or reduced rates
§ 5.1-137. Payment of rates and charges before delivery of freight
§ 5.1-138. Liability for additional charges
§ 5.1-139. Commission may enter judgment for refunds due public and collect and distribute same
§ 5.1-140. Unlawful to disclose certain information
§ 5.1-142. Reports, records, etc.
§ 5.1-143. Reports of accidents
§ 5.1-144. Certificate or permit holder not relieved of liability for negligence
§ 5.1-146. Violations and penalties
§ 5.1-147. Disposition of fees or sums collected
§ 5.1-148. Employees of Commission not to have interest in carriers
§ 5.1-149. No property rights in airspace conferred by chapter
§ 5.1-150. Licenses, registrations, taxes, etc., not affected
§ 5.1-151. Right to amend, revoke, etc., rights, certificates or franchises