Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Where an aircraft is to be seized under section 65, AA must insure the aircraft, and keep it insured, against the loss of, or any damage to, the aircraft during its seizure or while it is in the custody, possession or control of AA or of an employee or agent of AA.
(2) The insurance must be for the benefit of the person or persons prescribed by the regulations.
(3) If AA pays any premium on the insurance policy, AA may recover the amount of the premium, in a court of competent jurisdiction, as a debt due by the person who is liable to pay the amounts covered by the statutory lien on the aircraft.