Colombian Trade Code - Decree 410 of 1971 - Book Five - Navigation - Part One - From the Navigation Aquatics - Title XIII - Marine Insurance - Part II - Aeronautics - Chapter XIV - Insurance - From: Section 1900 to: 1903 Art
        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  ...