Global Transportation Finance Bulletin - FAA's Latest PPC on Non-Citizen Trusts
On February 9, 2012, the Federal Aviation Administration (FAA) published its Proposed Policy Clarification (PPC) regarding the use of Non-Citizen Trusts (NCTs) to effect registration of an aircraft on the FAA registry. In this bulletin, the article "FAA Publishes Proposed Policy Clarification Regarding Non-Citizen Trusts: Permitted, but Conditioned" describes the FAA's purpose for publishing this PPC, the matters addressed in the PPC and its likely implications.
Download the bulletin by clicking the link below.
Vedder Thinking | Articles Global Transportation Finance Bulletin - FAA's Latest PPC on Non-Citizen Trusts
Newsletter/Bulletin
February 2012
On February 9, 2012, the Federal Aviation Administration (FAA) published its Proposed Policy Clarification (PPC) regarding the use of Non-Citizen Trusts (NCTs) to effect registration of an aircraft on the FAA registry. In this bulletin, the article "FAA Publishes Proposed Policy Clarification Regarding Non-Citizen Trusts: Permitted, but Conditioned" describes the FAA's purpose for publishing this PPC, the matters addressed in the PPC and its likely implications.
Download the bulletin by clicking the link below.