7775895.1-88.1Virginia Decodedhttps://vacode.org2016AviationFinancial ResponsibilityProof of financial responsibility to be furnished for each aircraftCode 1950, § 5.1-83; 1968, c. 773; 1970, c. 707; 1979, c. 272; 1988, c. 588.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.section1http://law.lis.virginia.gov/vacode/5.1-88.1/5.1-1Definitions/5.1-1//5.1-88.1/5.1/8.1/5.1-88.15.1-88.2