5.1-119 - Condition of bond, etc. - Virginia Statutes

§ 5.1-119. Condition of bond, etc.

The insurance bond, or other security, shall obligate the insurer or suretyto pay any final judgment for damages sustained by the passengers, shippers,or consignees for injury to any passenger or passengers, or for loss ordamage to property entrusted to such air carrier when a cargo policy isrequired, and for any and all injuries to persons and loss of, or damage to,property resulting from the negligent operation of any aircraft.

(Code 1950, § 56-173; 1970, c. 708.)