IC 8-21-3-9: Methods of proof

Sec. 9. Proof of financial responsibility when required under this chapter may be given by the following alternate methods, either by proof:

(1) that a policy or policies of aircraft liability insurance have been obtained and are in full force and effect;

(2) that a bond has been duly executed; or

(3) that deposit has been made of money or securities;

all as provided in this chapter.