Security Following AccidentSecurity
Section § 24325
This law states that, within 30 days of receiving an accident report, the department must decide how much money (called 'security') is enough to cover potential damages from the accident. They also have to record the names and addresses of the people who might claim those damages.
Section § 24326
This law section requires that, within 30 days after a specific order is made, the responsible party (either the department, the owner, or the operator) must deposit a security amount determined by the department for the benefit of the owner or operator, or both.
Section § 24327
This law explains when a person involved in an aircraft accident doesn't have to meet security requirements. For example, if the accident only involves the operator or their guests and causes less than $400 in damage, or if the aircraft was parked legally and stationary with no passengers, the security requirements do not apply. Additionally, if an aircraft is used without the owner's permission, or if there is insurance or a bond covering the accident, the security requirements can be waived. People who are self-insured or who have been legally cleared of liability also do not need to meet these security requirements.