Title 49TransportationRelease 119-73not60

§44109 Reporting Transfer of Ownership

Title 49 › Subtitle SUBTITLE VII— AVIATION PROGRAMS › Part A— AIR COMMERCE AND SAFETY › Subpart iii— safety › Chapter 441— REGISTRATION AND RECORDATION OF AIRCRAFT › § 44109

Last updated Apr 5, 2026|Official source

Summary

Owners of a registered aircraft must notify the Treasury Secretary within 15 days after a sale or other transfer of an ownership interest. The Secretary must write rules about that notice and may allow exemptions.

Full Legal Text

Title 49, §44109

Transportation — Source: USLM XML via OLRC

(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.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 44109(a)49 App.:1509(f).Aug. 23, 1958, Pub. L. 85–726, 72 Stat. 731, § 1109(f); added Oct. 27, 1986, Pub. L. 99–570, § 3401(d)(1), 100 Stat. 3207–101. 44109(b)49 App.:1509 (note).Oct. 27, 1986, Pub. L. 99–570, § 3401(d)(2), 100 Stat. 3207–102. In subsection (a), the text of 49 App.:1509(f) (last sentence) is omitted as unnecessary. In subsection (b)(1), the words “Within 30 days after the date of enactment of subsection (f) of section 1109 of the Federal Aviation Act of 1958 as added by this subsection” are omitted as obsolete.

Reference

Citations & Metadata

Citation

49 U.S.C. § 44109

Title 49Transportation

Last Updated

Apr 5, 2026

Release point: 119-73not60