1.1    .................... moves to amend H. F. No. 772 as follows:
1.2Delete everything after the enacting clause and insert:

1.3    "Section 1. Minnesota Statutes 2006, section 360.59, subdivision 10, is amended to
1.5    Subd. 10. Certificate of insurance. (a) Every owner of aircraft in this state
1.6when applying for registration, reregistration, or transfer of ownership shall supply any
1.7information the commissioner reasonably requires to determine that the aircraft during the
1.8period of its contemplated operation is covered by an insurance policy with limits of not
1.9less than $25,000 $100,000 per passenger seat liability both for passenger bodily injury
1.10or death and for property damage; not less than $25,000 $100,000 for bodily injury or
1.11death to each nonpassenger in any one accident; and not less than $50,000 $300,000 per
1.12occurrence for bodily injury or death to nonpassengers in any one accident. The insurance
1.13policy is subject to the following, which need not be contained in the policy:
1.14    With respect to coverage of liability for bodily injury, death, or property damage
1.15suffered by a third-party:
1.16    (1) the liability of the insurer may not be canceled or annulled by any agreement
1.17between the insurer and the insured after the occurrence of the injury or damage; and
1.18    (2) no statement made by the insured or on the insured's behalf and no violation
1.19of the policy defeats or voids the policy.
1.20The information shall supplied to the commissioner must include but is not limited to the
1.21name and address of the owner, the period of contemplated use or operation, if any, and, if
1.22insurance coverage is then presently required, the name of the insurer, the insurance policy
1.23number, the term of the coverage, policy limits, and any other data the commissioner
1.24requires. No certificate of registration shall be issued pursuant to subdivision 3 in the
1.25absence of the information required by this subdivision.
1.26    (b) In the event of cancellation of aircraft insurance by the insurer, the insurer shall
1.27notify the Department of Transportation at least ten days prior to the date on which the
2.1insurance coverage is to be terminated. Unless proof of a new policy of insurance is filed
2.2with the department meeting the requirements of this subdivision during the period of the
2.3aircraft's contemplated use or operation, the registration certificate for the aircraft shall be
2.4revoked forthwith. Provided, however, that
2.5    (c) Nothing in this subdivision shall be construed to require an owner of aircraft to
2.6maintain passenger seat liability coverage on aircraft for which an experimental certificate
2.7has been issued by the administrator of the Federal Aviation Administration pursuant to
2.8Code of Federal Regulations, title 14, sections 21.191 to 21.195 and 91.42, whereunder
2.9persons operating the aircraft are prohibited from carrying passengers in the aircraft.
2.10Whenever the aircraft becomes certificated to carry passengers, passenger seat liability
2.11coverage shall be required as provided in this subdivision.
2.12    (d) The requirements of this subdivision shall not apply to any aircraft built by the
2.13original manufacturer prior to December 31, 1939 and owned and operated solely as a
2.14collector's item, if the owner files an affidavit with the commissioner. The affidavit shall
2.15state the owner's name and address, the name and address of the person from whom the
2.16aircraft was purchased, the make, year, and model number of the aircraft, the federal
2.17aircraft registration number, the manufacturer's identification number, and that the aircraft
2.18is owned and operated solely as a collector's item and not for general transportation
2.20EFFECTIVE DATE.This section is effective January 1, 2008, and applies to
2.21policies offered, sold, issued, or renewed on or after that date."