61-1115. INSURANCE REQUIREMENT. The commission shall require all air carriers to procure and maintain a minimum amount of insurance in such amounts as the commission may determine. The commission may, upon its own motion or upon application of any interested party, and after a hearing, require any air carrier to procure and maintain additional insurance in such amounts and upon such terms as the commission may determine; provided, however, that such additional insurance required by the commission is available.
History:
[61-1115, added 1969, ch. 197, sec. 15, p. 574.]