Page:United States Statutes at Large Volume 52.djvu/1047

 1006 Issuance of certifi- cate. Applications. (c) Upon request of the owner of any aircraft eligible for registra- tion, such aircraft shall be registered by the Authority and the Authority shall issue to the owner thereof a certificate of registration. Applications (d) Applications for such certificates shall be in such form, be filed in such manner, and contain such information as the Authority may require. Suspension or Revocation Suspension or revo- cation or revo (e) Any such certificate may be suspended or revoked by the Authority for any cause which renders the aircraft ineligible for registration. Effect of Registration Effect of registra- tionf registr- (f) Such certificate shall be conclusive evidence of nationality for international purposes, but not in any proceeding under the laws of the United States. Registration shall not be evidence of ownership of aircraft in any proceeding in which such ownership by a particular person is, or may be, in issue. Engines, propellers, REGISTRATION OF ENGINES, PROPELLERS, AND APPLIANCES and appliances. Registrationof. SEC. 502. The Authority may establish reasonable rules and regula- tions for registration and identification of aircraft engines, propellers, and appliances, in the interest of safety, and no aircraft engine, pro- peller, or appliance shall be used in violation of any such rule or regulation. Recordation of air- RECORDATION OF AIRCRAFT OWNERSHIP craft ownership. Establishment of Recording System Establishment of SEC. 503. (a) The Authority shall establish and maintain a system reording system. for recording all conveyances affecting the title to, or interest in, any civil aircraft of the United States. Conveyances to be Recorded Conveyances to be (b) No conveyance made or given on or after the effective date of this section, which affects the title to, or interest in, any civil aircraft of the United States, or any portion thereof, shall be valid in respect of such aircraft or portion thereof against any person other than the person by whom the conveyance is made or given, his heir or devisee, and any person having actual notice thereof until such con- veyance is recorded in the office of the secretary of the Authority. Every such conveyance so recorded in the office of the secretary of the Authority shall be valid as to all persons without further recordation. Any instrument recordation of which is required by the provisions of this section, shall take effect from the date of its recordation, and not from the date of its execution. Form of Conveyance Formotconveyance. (c) No conveyance shall be recorded unless it states the interest in the aircraft of the person by whom such conveyance is made or given or, in the case of a contract of conditional sale, the interest of the vendor, and states the interest transferred by the conveyance, and unless it shall have been acknowledged before a notary public or other officer authorized by law of the United States, or of a State, Territory, or possession thereof, or the District of Columbia, to take acknowledg- ment of deeds. [52 SrTT. PUBLIC LAWS-CH. 601-JUNE 23, 1938 Issuance of Certificate

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