Virginia § 5.1-116 - Bonds, insurance or certificate of insurance required prior to issuance of certificate or permit
Full text of Virginia Code of Virginia § 5.1-116 — Bonds, insurance or certificate of insurance required prior to issuance of certificate or permit, with citation guidance and answers to common questions.
§ 5.1-116. Bonds, insurance or certificate of insurance required prior to issuance of certificate or permit
No certificate or permit shall be issued by the Commission to any air carrier until and after such air carrier shall have filed with, and the same has been approved by, the Commission, an insurance policy, bond or certificate of insurance in lieu thereof, certifying that such policy or bond covers the liability of such air carrier in accordance with the provisions of this article, issued by an insurance company or association or other insurer authorized to transact business in this Commonwealth, or bonds, to an amount approved by the Commission, of the Commonwealth of Virginia, of the United States of America, or of any municipality in this Commonwealth. Such state, federal, or municipal bonds shall be deposited with the State Treasurer, and such surety shall not be reduced during the life of such certificate or permit, except in accordance with an order of the Commission.
Code 1950, § 56-170; 1970, c. 708; 1975, c. 211.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 5.1-116
What does Code of Virginia § 5.1-116 cover?
Section 5.1-116 ("Bonds, insurance or certificate of insurance required prior to issuance of certificate or permit") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 5.1-116?
A common citation format is "Code of Virginia § 5.1-116" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 5.1-116 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.