Section 5506 Of Chapter 9. Commercial Air Carriers From California Public Utilities Code >> Division 2. >> Chapter 9.
5506
. The protection required under Section 5503 shall be evidenced
either by the deposit with the commission, covering each aircraft
used or to be used in commercial operations for compensation, of:
(a) A copy of the policy of insurance, issued by a company
licensed to write such insurance in the State; or
(b) A bond of a surety company licensed to write surety bonds in
the State.
(c) Such evidence of the qualification of the commercial air
operator as a self-insurer as may be authorized by the commission.