C.F.R. » Title 14 » CHAPTER I—FEDERAL AVIATION ADMINISTRATION, DEPARTMENT OF TRANSPORTATION › SUBCHAPTER C—AIRCRAFT › PART 49—RECORDING OF AIRCRAFT TITLES AND SECURITY DOCUMENTS › Subpart C—Aircraft Ownership and Encumbrances Against Aircraft

14 C.F.R. § 49.31

Applicability

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This subpart applies to the recording of the following kinds of conveyances:

(a) A bill of sale, contract of conditional sale, assignment of an interest under a contract of conditional sale, mortgage, assignment of mortgage, lease, equipment trust, notice of tax lien or of other lien, or other instrument affecting title to, or any interest in, aircraft.

(b) A release, cancellation, discharge, or satisfaction of a conveyance named in paragraph (a) of this section.

Notes of Decisions
Cited in 5 cases, 1974–1983 · leading case: Murray v. Payne, 437 So. 2d 47 (Miss. 1983).
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Murray v. Payne, 437 So. 2d 47 (Miss. 1983). “In the incomplete record that has come to this Court, there is no evidence that any of the conveyances of aircraft with which we are here concerned have been recorded as required by federal law.”
Feldman v. Philadelphia Nat'l Bank, 408 F. Supp. 24 (E.D. Pa. 1976). “§ 1301 *35 (17); 14 C.F.R. § 49.31 (1975). See Discussion supra.”
Feldman v. Chase Manhattan Bank, N.A., 368 F. Supp. 1327 (S.D.N.Y. 1974). · cites it 2× “Although 14 C.F.R. § 49.31 (a) spécifically requires the recording of “a bill of sale, contract of conditional sale, assignment of an interest under a contract of conditional sale, mortgage, assignment of mortgage, lease, equipment trust, notice of tax lien or of other lien” as…”
Indus. Nat'l Bank of Rhode Island v. Butler Aviation Int'l, Inc., 370 F. Supp. 1012 (E.D.N.Y 1974). · cites it 2× “Contrary to plaintiff’s characterization, the Southern Jersey case, supra, is clearly not an isolated “maverick” opinion which flies in the face of settled law. The Appellate Division of the New Jersey Superior Court has provided in a virtually identical case a thoughtful,…”
George Feldman, as Tr. in Bankr. of Leasing Consultants, Inc., Bankrupt v. First Nat'l City Bank, 511 F.2d 460 (1st Cir. 1975). “14 C.F.R. § 49.31 . Because of the conclusion which we reach on the statute of limitations question, we find it unnecessary to decide either of these issues.”
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