"Proof of financial responsibility"

Ind. Code § 8-21-3-8
in effect
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Sec. 8. 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026
Ind. Code § 8-21-3-8 — "Proof of financial responsibility" | Indiana Code (Aug. 2026 snapshot) | Corpus