Duration and return of Certificate.

CFR · 2024-01-01 · US · Title 14

(a) Each Certificate of Aircraft Registration, AC Form 8050-3, issued by the FAA under this subpart is effective, unless registration has ended by reason of having been revoked, canceled, expired, or the ownership is transferred, until the date upon which one of the following events occurs: (1) Subject to the Convention on the International Recognition of Rights in Aircraft when applicable, the aircraft (2) The aircraft is totally destroyed or scrapped. (3) The holder of the certificate loses his U.S. citizenship. (4) 30 days have elapsed since the death of the holder of the certificate. (5) The owner, if an individual who is not a citizen of the United States, loses status as a resident alien, unless that person becomes a citizen of the United States at the same time. (6) If the owner is a corporation other than a corporation which is a citizen of the United States— (i) The corporation ceases to be lawfully organized and doing business under the laws of the United States or any State thereof; or (ii) A period described in § 47.9(b) ends and the aircraft was not based and primarily used in the United States during that period. (7) If the trustee in whose name the aircraft is registered— (i) Loses U.S. citizenship; (ii) Loses status as a resident alien and does not become a citizen of the United States at the same time; or (iii) In any manner ceases to act as trustee and is not immediately replaced by another who meets the requirements of § 47.7(c). (b) The Certificate of Airc

official document · source cfr-2024 · id 14:§ 47.41