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49 U.S.C. § 44109 — Reporting transfer of ownership

Federal law — U.S. Code and appendices · legal_authorities

49 U.S.C. § 44109 — Reporting transfer of ownership

**(a) Filing Notices.—** A person having an ownership interest in an aircraft for which a certificate of registration was issued under [section 44103 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section44103&num=0&edition=prelim) shall file a notice with the Secretary of the Treasury that the Secretary requires by regulation, not later than 15 days after a sale, conditional sale, transfer, or conveyance of the interest. **(b) Exemptions.—** The Secretary— (1) shall prescribe regulations that establish guidelines for exempting a person or class from subsection (a) of this section; and (2) may exempt a person or class under the regulations.

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Source location: Title 49, Chapter 441, § 44109; chapter-441-registration-and-recordation-of-aircraft.md

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Federal law — U.S. Code and appendices · legal_authorities

49 U.S.C. § 44103 — Registration of aircraft

**(a) General.—** (1) On application of the owner of an aircraft that meets the requirements of [section 44102 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section44102&num=0&edition=prelim), the Administrator of the Federal Aviation Administration shall— (A) register the aircraft; and (B) issue a certificate of registration to its owner. (2) The Administrator may prescribe the extent to which an aircraft owned by the holder of a dealer’s certificate of registration issued under [section 44104(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section44104/2&num=0&edition=prelim) also is registered under this section. **(b) Controlled Substance Violations.—** (1) The Administrator may not issue an owner’s certificate of registration under subsection (a)(1) of this section to a person whose certificate is revoked under [section 44106 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section44106&num=0&edition=prelim) during the 5-year period beginning on the date of the revocation, except— (A) as provided in [section 44106(e)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section44106/e/2&num=0&edition=prelim); or (B) that the Administrator may issue the certificate to the person after the one-year period beginning on the date of the revocation if the Administrator decides that the aircraft otherwise meets the requirements of [section 44102 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title49-section44102&num=0&edition=prelim) and that denial of a certificate for the 5-year period— (i) would be excessive considering the nature of the offense or the act committed and the bur

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Federal law — U.S. Code and appendices · legal_authorities

49 U.S.C. § 44109 — Reporting transfer of ownership

Page 1225 TITLE 49—TRANSPORTATION § 44111 In subsection (d)(2), the words ‘‘lease or instrument’’ are substituted for ‘‘instrument’’ for clarity and con- sistency in this subchapter. Editorial Notes AMENDMENTS 2004—Subsec. (c)(2). Pub. L. 108–297 inserted ‘‘or the Cape Town Treaty, as applicable’’ before period at end. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2004 AMENDMENT Amendment by Pub. L. 108–297 effective Mar. 1, 2006, and not applicable to any registration or recordation that was made before such date under this chapter or any legal rights relating to such registration or rec- ordation, see section 7 of Pub. L. 108–297, set out as a note under section 44101 of this title. § 44109. Reporting transfer of ownership (a) FILING NOTICES.—A person having an own- ership interest in an aircraft for which a certifi- cate of registration was issued under section 44103 of this title shall file a notice with the Sec- retary of the Treasury that the Secretary re- quires by regulation, not later than 15 days after a sale, conditional sale, transfer, or conveyance of the interest. (b) EXEMPTIONS.—The Secretary— (1) shall prescribe regulations that establish guidelines for exempting a person or class from subsection (a) of this section; and (2) may exempt a person or class under the regulations. (Pub. L. 103–272, § 1(e), July 5, 1994, 108 Stat. 1166.) HISTORICAL AND REVISION NOTES Revised Section Source (U.S. Code) Source (Statutes at Large) 44109(a) ...... 49 App.:1509(f). Aug. 23, 1958, Pub. L. 85–726, 72 Stat. 731, § 1109(f); added Oct. 27, 1986, Pub. L. 99–570, § 3401(d)(1), 100 Stat. 3207–101. 44109(b) ...... 49 App.:1509 (note). Oct. 27, 1986, Pub. L. 99–570, § 3401(d)(2), 100 Stat. 3207–102. In subsection (a),

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