United States Code
USC most recently checked for updates: Jun 09, 2025
§ 44109.
Reporting transfer of ownership
(a)
A person having an ownership interest in an aircraft for which a certificate of registration was issued under section 44103 of this title 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)
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.
cite as: 49 USC 44109