328.31  Special certificates--inventory removals or additions.

If at any time following annual registration, application, and issuance of special certificates, a dealer adds to or removes aircraft from inventory, the dealer shall:

1.  Notify the department of an aircraft removed from inventory including the name and address of the buyer, if applicable. The special certificate remains valid for the remainder of the registration year and may be reassigned under subsection 2.

2.  Notify the department of an aircraft added to inventory and the reassignment of a valid special certificate to that aircraft and the distinguishing number of that aircraft.

3.  Apply for additional special certificates if the number of aircraft in inventory exceeds the number of aircraft registered at the beginning of the annual registration period.

Section History: Early form

  [C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 328.31]

Section History: Recent form

  90 Acts, ch 1063, §7

Internal References

  Referred to in § 328.28


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