(a) Each Certificate of Aircraft Registration issued by the FAA under this subpart is effective, unless suspended or revoked, until the date upon which --
(1) Subject to the Convention on the International Recognition of Rights in Aircraft when applicable, the aircraft is registered under the laws of a foreign country;
(2) The registration is canceled at the written request of the holder of the certificate;
(3) The aircraft is totally destroyed or scrapped;
(4) Ownership of the aircraft is transferred;
(5) The holder of the certificate loses his U.S. citizenship;
(6) 30 days have elapsed since the death of the holder of the certificate;
(7) The owner, if an individual who is not a citizen of the United States, loses status as a resident alien, unless that person becomes a citizen of the United States at the same time; or
(8) If the owner is a corporation other than a corporation which is a citizen of the United States --
(i) The corporation ceases to be lawfully organized and doing business under the laws of the United States or any State thereof; or
(ii) A period described in §
47.9(b) ends and the aircraft was not based and primarily used in the United States during that period.
(9) If the trustee in whose name the aircraft is registered --
(i) Loses U.S. citizenship;
(ii) Loses status as a resident alien and does not become a citizen of the United States at the same time; or
(iii) In any manner ceases to act as trustee and is not immediately replaced by another who meets the requirements of §
47.7(c).
(b) The Certificate of Aircraft Registration, with the reverse side completed, must be returned to the FAA Aircraft Registry --
(1) In case of registration under the laws of a foreign country, by the person who was the owner of the aircraft before foreign registration;
(2) Within 60 days after the death of the holder of the certificate, by the administrator or executor of his estate, or by his heir-at-law if no administrator or executor has been or is to be appointed; or
(3) Upon the termination of the registration, by the holder of the Certificate of Aircraft Registration in all other cases mentioned in paragraph (a) of this section.
[Doc. No. 7190, 31 FR 4495, Mar. 17, 1966; 31 FR 5483, Apr. 7, 1966, as amended by Amdt. 47-20, 44 FR 61940, Oct. 29, 1979]