(a) Any person may at any time apply to the executive director for a certificate of self-insurance, whether or not there has occurred an accident as a result of which such person might be affected by some other provision of this chapter.
(b) The executive director may issue a certificate of self-insurance when satisfied that the applicant is possessed and will continue to be possessed of ability to pay judgments against the applicant within the limits provided in this chapter.
(c) Upon not less than ten days' notification of a self-insurer, the executive director may for reasonable cause cancel a certificate of self-insurance and shall cancel such certificate upon failure of a self-insurer to pay any judgment within thirty days.
(1959, P.A. 488, S. 7; 1969, P.A. 768, S. 199; P.A. 15-192, S. 53.)
History: 1969 act replaced “department”, referring to aeronautics department, with “commissioner”, referring to commissioner of transportation; P.A. 15-192 replaced “commissioner” with “executive director” and made technical changes, effective July 2, 2015.
Structure Connecticut General Statutes
Title 15 - Navigation and Aeronautics
Chapter 267 - Uniform Aircraft Financial Responsibility Act
Section 15-102. - Definitions.
Section 15-103. - Hearings; appeals.
Section 15-104. - Report of accident.
Section 15-105. - Security and suspension requirements. Exceptions. Waiver. Modification.
Section 15-106. - Policy or bond requirements.
Section 15-107. - Requirements for restoration or renewal of operating privileges.
Section 15-108. - Self-insurance.
Section 15-109. - Reciprocity for enforcement.
Section 15-110. - Form and amount of security.
Section 15-111. - Custody and release of security.
Section 15-112. - Records and proceedings inadmissible as evidence.
Section 15-115. - Failure to report accident. False statement in report or instrument.
Section 15-116. - Exception of aircraft of government or public air carrier.
Section 15-117. - Effective date.
Section 15-118. - Other remedies available.