Cal. Pub. Util. Code § 5506
Accident Liability Protection
Redline — January 1, 2017 → current.View current text →
Current — January 1, 2019
As of January 1, 2017
(a) The protection required under Section 5503 shall be evidenced either by the deposit with the commission, covering each aircraft used or to be used in commercial operations for compensation, of one of the following:
(1) A copy of the policy of insurance, issued by a company licensed to write such insurance in the state.
(2) A bond of a surety company licensed to write surety bonds in the state.
(3) Such evidence of the qualification of the commercial air operator as a self-insurer as may be authorized by the commission.
(a) All commercial air operators shall comply with any requirement of a city, county, or city and county that the person obtain a business license as a condition for operating in that city, county, or city and county.
(b) All commercial air operators shall also provide the city, county, or city and county a currently effective certificate of insurance evidencing insurance coverage as required in Section 5503. A new certificate of insurance shall be provided to the city, county, or city and county at least annually or whenever there is a material change in insurance coverage. A city, county, or city and county shall give reasonable notice of this requirement with any business license renewal notification. A city, county, or city and county may charge a reasonable fee for purposes of carrying out the provisions of this subdivision.
(c) This section shall become operative on July 1, 2018.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.