All registered owners of aircraft regularly situated at the airport shall be financially responsible as required by this section. The minimum financial responsibility required pursuant to this section shall be as follows: single limit of Three Hundred Thousand and no/100ths ($300,000.00) Dollars per occurrence for bodily injury, death, and property damage.
Evidence of financial responsibility shall consist of a certificate of insurance or a good and sufficient bond issued by an insurance company or a surety company duly authorized to transact business in the State. (§ 1, Ord. 773, eff. April 14, 1977, as amended by § 1, Ord. 1018, eff. September 12, 1985)