Sec. 8. For purposes of this article, "proof of financial responsibility" means proof of the ability to satisfy a claim for damages arising from liability for the ownership, maintenance, or use of an aircraft, in the following amounts:
(1) One hundred thousand dollars ($100,000) for the bodily injury or death of one (1) person.
(2) Two hundred thousand dollars ($200,000) for the bodily injury or death of two (2) or more persons in any one (1) accident.
(3) One hundred thousand dollars ($100,000) for damage to property in any one (1) accident.
Formerly: Acts 1951, c.267, s.8. As amended by P.L.102-2015, SEC.4.
Structure Indiana Code
Title 8. Utilities and Transportation
Chapter 3. Aircraft Financial Responsibility Act
8-21-3-2. Proof of Financial Responsibility
8-21-3-5. Injunction of Operation of Aircraft
8-21-3-6. Payment From Security Deposit; Information Regarding Security
8-21-3-8. "Proof of Financial Responsibility"
8-21-3-10. Filing of Insurance Certificates
8-21-3-11. Default of Foreign Insurance Carrier
8-21-3-12. "Aircraft Liability Policy" Defined
8-21-3-13. Certificate of Issuance of Insurance Policy
8-21-3-14. Notice of Cancellation
8-21-3-15. Bond Giving Proof of Financial Responsibility
8-21-3-16. Deposit With Treasurer Giving Proof of Financial Responsibility
8-21-3-17. Substitution of Proof of Financial Responsibility
8-21-3-18. Inadequate Security; Requiring Alternative Security
8-21-3-19. Cancellation; Waiver of Proof of Financial Responsibility
8-21-3-19.5. Aircraft Rental; Notice of Insurance Coverage
8-21-3-20. Violations; Penalties
8-21-3-21. Construction of Chapter