Document ID: FAA-2012-0658-0001
Agency: faa
Document Type: Proposed Rule
Title: Proposed Policy Clarifications: Registration of Aircraft to U.S. Citizen Trustees in Situations Involving Non-U.S. Citizen Trustors and Beneficiaries
Posted Date: 2012-06-26T04:00Z

[Federal Register Volume 77, Number 123 (Tuesday, June 26, 2012)]
[Proposed Rules]
[Pages 38016-38017]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-15339]

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DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Chapter I

[Docket No. FAA-2012-0658]

Proposed Policy Clarification for the Registration of Aircraft to 
U.S. Citizen Trustees in Situations Involving Non-U.S. Citizen Trustors 
and Beneficiaries

AGENCY: Federal Aviation Administration, DOT.

ACTION: Proposed Policy; Availability of Documents for Inspection and 
Extension of Time in which to Submit Written Comments.

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SUMMARY: The FAA is extending the comment period on its proposed policy 
regarding the registration of aircraft to U.S. Citizen Trustees in 
situations involving Non-U.S. citizen trustors and beneficiaries.

DATES: The FAA is extending the comment period to August 17, 2012.

FOR FURTHER INFORMATION CONTACT: LaDeana Peden at 405-954-3296, Office 
of Aeronautical Center Counsel, Federal Aviation Administration.

SUPPLEMENTARY INFORMATION: Incident to a public meeting held by the 
Federal Aviation Administration (FAA) on Wednesday, June 6, 2012, in 
Oklahoma City, Oklahoma, concerning aircraft registration by owner 
trustees for non-U.S. citizen beneficiaries, interested parties have 
submitted written comments to FAA. Those comments, as well as the 
Notice of Public Meeting and FAA slide presentation may be viewed at 
the Office of Chief Counsel's FAA Web site located at http://
www.faa.gov/

[[Page 38017]]

about/office--org/headquarters--offices/agc/. The comment period is 
hereby extended through Friday, August 17, 2012, and may be submitted 
via email to ladeana.peden@faa.gov.
    As part of its review of non-citizen trusts, the FAA published a 
notice of its proposed policy clarification on February 9, 2012 (77 FR 
6694) on use of non-citizen trusts to register aircraft in the United 
States. After the FAA discusses the legal issues, the FAA will suggest 
which provisions in trust agreements may need to be changed and it will 
suggest language that would enable the FAA to facilitate the 
registration of aircraft in the future that are owned in trust. The 
suggested language and the reasons for the suggested language, if 
adopted as the FAA's final policy on this matter, will guide the FAA in 
the future in determining eligibility for registering non-U.S. citizen 
trusts.

    Authority:  49 U.S.C. 106g, 40113, 44701.

    Issued in Oklahoma City, Oklahoma, on June 13, 2012.
Joseph R. Standell,
Aeronautical Center Counsel.
[FR Doc. 2012-15339 Filed 6-25-12; 8:45 am]
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