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49 U.S.C. § 41741 — Insurance

submitted 32 years ago by Pub. L. 103-272 to r/title-49-TRANSPORTATION · 77 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section addresses insurance. It sets out the rules, duties, powers, limits, and procedures stated in the section.

The Secretary of Transportation may pay an air carrier compensation under this subchapter only when the carrier files with the Secretary an insurance policy or self-insurance plan approved by the Secretary. The policy or plan must be sufficient to pay for bodily injury to, or death of, an individual, or for loss of or damage to property of others, resulting from the operation of aircraft, but not more than the amount of the policy or plan limits.

the actual law source: uscode.house.gov ↗public domain

The Secretary of Transportation may pay an air carrier compensation under this subchapter only when the carrier files with the Secretary an insurance policy or self-insurance plan approved by the Secretary. The policy or plan must be sufficient to pay for bodily injury to, or death of, an individual, or for loss of or damage to property of others, resulting from the operation of aircraft, but not more than the amount of the policy or plan limits.

Source credit: (Pub. L. 103–272, § 1(e), July 5, 1994, 108 Stat. 1152.)

history & why it existsrecord from the source credit
  • 1994Enacted · Pub. L. 103-272 · 108 Stat. 1152

A history note hasn’t been published yet. The record shows enactment by Pub. L. 103-272 on 1994-07-05.

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