Greg Cirillo, Esq. of Wiley Rein LLP write-up available here.
Link to announcement from this Blog’s New Rules and Developments available here.
Some more transparency on whatever is the “deal” between trustee and beneficiaries on control of the aircraft’s ownership and operation.
Requires meticulous reading of the entire notice of clarification.
Nothing revolutionary here.
“Notice of Policy Clarification for the Registration of Aircraft to U.S. Citizen Trustees in Situations Involving Non-U.S. Citizen Trustors and Beneficiaries.”
June 18, 2013. Notice of FAA Policy Clarification.