CODE OF VIRGINIA PROOF OF FINANCIAL RESPONSIBILITY TO BE FURNISHED FOR EACH AIRCRAFT (§ 5.1-88.1) No aircraft, as defined in § 5.1-1 except a public aircraft or a balloon shall be licensed by the Department unless and until the applicant thereof furnishes proof of financial responsibility in the amounts required by this chapter for each aircraft for which a license is applied for. HISTORY: Code 1950, § 5.1-83; 1968, c. 773; 1970, c. 707; 1979, c. 272; 1988, c. 588.