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Vedder Thinking | Articles Global Transportation Finance Bulletin - FAA's Latest PPC on Non-Citizen Trusts


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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.