FAA Extends Comment Period for Owner Trust Registration Proposal
The FAA is extending the comment period until August 17 for its proposed policy regarding the registration of aircraft to U.S. citizen trustees in situations involving non-U.S. citizen trustors and beneficiaries.
As part of its review of non-citizen trusts, the FAA published its proposed policy clarification on February 9 on use of non-citizen trusts to register aircraft in the U.S. The FAA also held a public hearing on this subject on June 6 and has now publicly released a slide presentation it made at that meeting.
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