ALTHOX

CHAPTER XIV Insurance Section 1900 .- The public transport companies are obliged to caution that civil liability deal with Chapters VI, VII and XII by: 1. Insurance contract; 2. Guarantee issued by bank or 3. Cash deposit or securities in the bag. Such bonds or insurance shall be constituted by a minimum amount of the liability limits set out in this Code. The deposit can be taken by fifty percent of the total capacity of the aircraft, without this meaning that changes the limit of liability for each passenger. Foreign companies operating in Colombia must establish bond for an amount not less than the limits set by international agreements or, failing that, to what is established in this Code. Section 1901 .- Colombian companies international public transport must also be guarantees for up to the limits of liability brought by international agreements to which Colombia is a party and with respect to international operations. Other ...