Indiana § 8-21-3-8 "Proof of financial responsibility"

Indiana Statutes

§ 8-21-3-8 — "Proof of financial responsibility"

Indiana § 8-21-3-8

Art. 21AERONAUTICS

Ch. 3Aircraft Financial Responsibility Act

This text of Indiana § 8-21-3-8 ("Proof of financial responsibility") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 8-21-3-8 (2026).

Text

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.

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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.