51 U.S.C. § 50914
Liability insurance and financial responsibility requirements
United States · Title 51 — NATIONAL AND COMMERCIAL SPACE PROGRAMS · Status: effective
Cite this
- Citation
- 51 U.S.C. § 50914, Liability insurance and financial responsibility requirements, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/493162
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Full text
When a launch or reentry license is issued or transferred under this chapter, the licensee or transferee shall obtain liability insurance or demonstrate financial responsibility in amounts to compensate for the maximum probable loss from claims by—
For the total claims related to one launch or reentry, a licensee or transferee is not required to obtain insurance or demonstrate financial responsibility of more than—
An insurance policy or demonstration of financial responsibility under this subsection shall protect the following, to the extent of their potential liability for involvement in launch services or reentry services, at no cost to the Government:
In this paragraph, the term “applicable parties” means—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- To revise, codify, and enact without substantive change certain general and permanent laws, related to transportation, as subtitles II, III, and V-X of title 49, United States Code, "Transportation", and to make other technical improvements in the Code.House: no recorded tallySenate: no recorded tally
- To codify without substantive change laws related to transportation and to improve the United States Code.House: no recorded tallySenate: no recorded tally
- Commercial Space Act of 1998House: no recorded tallySenate: no recorded tally
- Commercial Space Launch Amendments Act of 2004House: 269–120Senate: no recorded tally
- To enact certain laws relating to national and commercial space programs as title 51, United States Code, "National and Commercial Space Programs".House: no recorded tallySenate: no recorded tally
- U.S. Commercial Space Launch Competitiveness ActHouse: 284–133Senate: no recorded tally
- Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025House: 281–140Senate: no recorded tally