Section § 24325

Explanation

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.

As promptly as practicable but not later than 30 days after receipt of an accident report as required in Article 1 (commencing with Section 24300), the department shall determine by an order entered of record (a) the amount of security within the limits specified in Section 24350, which it deems sufficient to satisfy any judgment for damages resulting from the accident which may be recovered against each owner or operator, and (b) the name and address of each claimant.

Section § 24326

Explanation

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.

As promptly as practicable but not later than 30 days after the entry of the order required by Section 24325, the department, the owner or the operator, or both, as the case may be, shall deposit for the benefit of the owner or operator or both, as the case may be, security in the sum so determined by the department.

Section § 24327

Explanation

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.

The requirements as to security do not apply:
(a)CA Public Utilities Code § 24327(a) To the operator of an aircraft involved in an accident in which no injury was caused to the person of anyone other than the operator or guests, and no damage in excess of four hundred dollars ($400) was caused to property not owned, rented, occupied or used by such operator nor in his care, custody or control nor carried in or on the aircraft.
(b)CA Public Utilities Code § 24327(b) To the operator or owner of an aircraft if at the time of the accident the aircraft was stationary, without passengers thereon or boarding the aircraft or alighting therefrom and the aircraft was parked in an area legally used for aircraft parking with no engine running nor in the process of being started.
(c)CA Public Utilities Code § 24327(c) To the owner of an aircraft if at the time of the accident the aircraft was being operated, or was parked, without his permission, express or implied.
(d)CA Public Utilities Code § 24327(d) To the owner if there is in effect at the time of the accident an aircraft liability policy or bond with respect to the aircraft involved in the accident.
(e)CA Public Utilities Code § 24327(e) To the operator, if not the owner of the aircraft, if there is in effect at the time of the accident an aircraft liability policy or bond with respect to his operation of the aircraft involved in the accident.
(f)CA Public Utilities Code § 24327(f) To the operator or owner if his liability for damages resulting from such accident is covered by any other form of liability insurance policy or bond in effect at the time of the accident.
(g)CA Public Utilities Code § 24327(g) To any person qualifying as a self-insurer under Section 24353, or to any person operating an aircraft for the self-insurer for whose acts the self-insurer is legally responsible.
(h)CA Public Utilities Code § 24327(h) After there is filed with the department satisfactory evidence that the person otherwise required to deposit security has (1) been released from liability, or (2) been adjudicated not to be liable by judgment, or (3) executed a written agreement with all claimants providing for payment of an agreed amount with respect to all claims for injuries or damages resulting from the accident.