6 §53. Aircraft dealers
Title 6: AERONAUTICS
Chapter 4: REGISTRATIONS HEADING: PL 1977, C. 678, §32 (NEW)
§53. Aircraft dealers
1. Application for dealer's registration certificate. All persons engaged in the business of manufacturing, buying or selling of aircraft shall make application to the commissioner for a dealer's registration certificate. A dealer's registration certificate shall be valid from the date of issuance through the first day of January of the next calendar year unless sooner revoked, suspended or cancelled.
[ 1979, c. 80, §3 (AMD); 1995, c. 504, Pt. B, §10 (AMD) .]
2. Eligibility. To be eligible for an aircraft dealer registration and renewal thereof, a person or corporation shall qualify and apply under one of the 2 categories set forth in the following paragraphs.
A. A franchise dealer shall be engaged in the business of manufacturing, buying or selling new and used aircraft, and shall maintain in the State a permanent place of business which includes an airport, office, hangar facilities, either owned or leased, and facilities for maintenance and repair of new aircraft and aircraft under warranty, provided that the repair and maintenance facilities are owned and operated by the dealer or contracted for by the dealer at the airport of operation. [1977, c. 678, §32 (NEW).]
B. An aircraft broker shall be engaged in the business of buying and selling only used aircraft and maintain in the State a permanent place of business. [1977, c. 678, §32 (NEW).]
[ 1977, c. 678, §32 (NEW) .]
3. Fees; transfer; display. An eligible and qualified aircraft franchise dealer or aircraft broker, upon payment of a $100 fee shall be issued one registration certificate; the next 5 additional certificates may be issued upon payment of $50 each; and any additional certificates, if desired, may be issued upon payment of $25 each. These franchise dealer registrations and aircraft broker registrations may be transferred only to another aircraft in the possession of the dealer when they are placed upon the market for sale. Failure to display the certificates in the window or windshield of any aircraft listed for sale is prima facie evidence of failure to register.
[ 1977, c. 678, §32 (NEW) .]
4. Distinction between types of certificates. The commissioner shall clearly distinguish between a franchise dealer registration certificate and an aircraft broker registration certificate.
[ 1977, c. 678, §32 (NEW); 1995, c. 504, Pt. B, §10 (AMD) .]
5. Use of aircraft on market for sale. Aircraft dealers whose principal occupation is the sale of aircraft, and who properly register their aircraft under this section, may use the aircraft while placed upon the market for sale as if the aircraft were registered under section 52; including Federal Air Regulation, Part 135, operations. Nothing in this section may permit aircraft brokers to use aircraft offered for sale for more than 15 months from the date that the aircraft is first offered for sale without registration required under section 52.
[ 1983, c. 828, §1 (AMD) .]
SECTION HISTORY
1977, c. 678, §32 (NEW). 1979, c. 80, §3 (AMD). 1981, c. 80, (AMD). 1983, c. 828, §1 (AMD). 1995, c. 504, §B10 (AMD).