Section 24362.
24362. Every person permitting another person to operate an aircraft under the terms of any rental agreement or lease which provides for any remuneration for the use of such aircraft shall deliver either of the following to the person renting the aircraft: (a) A written certification that an aircraft liability policy of insurance exists for the […]
Section 24350.
24350. A policy or bond is not effective under Article 2 unless: (a) Issued either (1) by an insurer or surety company authorized to do business in this state, or (2) by an insurer or surety company not authorized to do business in this state but which is found by the department to afford adequate protection and which […]
Section 24351.
24351. The policy or bond need not cover: (a) Any liability on account of bodily injury to or death of any employee of the owner or operator while the employee is engaged in the duties of the person’s employment. (b) Any obligation for which the owner or operator or the insurer of the owner or operator may […]
Section 24352.
24352. Any person may at any time apply to the department for a certificate of self-insurance, whether or not there has occurred an accident as a result of which he might be affected by some other provision of this part. (Amended by Stats. 1969, Ch. 138.)
Section 24353.
24353. The department may in its discretion issue a certificate of self-insurance when satisfied that the applicant is possessed and will continue to be possessed of ability to pay judgments against him within the limits provided in this part. (Amended by Stats. 1969, Ch. 138.)
Section 24354.
24354. Upon not less than 10 days notification of a self-insurer the department may for reasonable cause cancel a certificate of self-insurance and shall cancel such certificate upon failure to pay any judgment within 30 days. (Amended by Stats. 1969, Ch. 138.)
Section 24355.
24355. The security required under this part shall be cash or securities permissible under state law as security for deposit of state funds and in such amount as the department may require but in no case in excess of the limits specified in Section 24350 in reference to the limits of a policy or bond. […]
Section 24356.
24356. Upon 10 days notification of the parties concerned, the department may reduce, or, within the limits specified in Section 24350, increase the amount of security ordered in any case if in its discretion the amount ordered is excessive or insufficient. In case the security originally ordered has been deposited, the excess shall be returned […]
Section 24357.
24357. Security deposited in compliance with the requirements of this part shall be delivered to the department. The department shall deposit all cash received as security in a special account in the Special Deposit Fund provided by Article 2 (commencing with Section 16370) of Chapter 2, Part 2, Division 4, Title 2 of the Government […]
Section 24358.
24358. Such security shall be available for the following purposes: (a) Payment of a final judgment or judgments in any amount for bodily injury or in excess of four hundred dollars ($400) for property damage, rendered against the owner or operator on whose behalf the deposit was made, for damages arising out of the accident in […]