Page:United States Statutes at Large Volume 52.djvu/1048

 52 STAT.] 75TH CONG., 3D SESS.-CH. 601-JUNE 23, 1938 Index of Conveyances (d) The Authority shall record conveyances delivered to it in the order of their reception, in files to be kept for that purpose, and indexed to show- (1) the identifying description of the aircraft; 2) the names of the parties to the conveyance; 3) the time and date of reception of the instrument and the time and date of recordation thereof; (4) the interest in the aircraft transferred by the conveyance; and (5) if such conveyance is made as security for indebtedness, the amount and date of maturity of such indebtedness. Regulations (e) The Authority is authorized to provide by regulation for the endorsement upon certificates of registration, or aircraft certificates, of information with respect to the ownership of the aircraft for which each certificate is issued, for the recording of discharges and satisfactions of recorded instruments and other transactions affecting title to, or interest in, aircraft, and for such other records, proceedings, and details as may be necessary to facilitate the determination of the rights of parties dealing with civil aircraft of the United States. Previously Unrecorded Ownership (f) The person applying for the issuance or renewal of an air- worthiness certificate for an aircraft with respect to which there has been no recordation of ownership as provided in this section shall present with his application such information with respect to the ownership of the aircraft as the Authority shall deem necessary to show the persons who are holders of property interests in such aircraft and the nature and extent of such interests. TITLE VI-CIVIL AERONAUTICS SAFETY REGULATION GENERAL SAFETY POWERS AND DUTIES Minimum Standards; Rules and Regulations SEC. 601. (a) The Authority is empowered, and it shall be its duty to promote safety of flight in air commerce by prescribing and revising from time to time- (1) Such minimum standards governing the design, materials, workmanship, construction, and performance of aircraft, aircraft engines, and propellers as may be required in the interest of safety; (2) Such minimum standards governing appliances as may be required in the interest of safety; (3) Reasonable rules and regulations and minimum standards governing, in the interest of safety, (A) the inspection, servicing, and overhaul of aircraft, aircraft engines, propellers, and appli- ances; (B) the equipment and facilities for such inspection, serv- icing, and overhaul; and (C) in the discretion of the Authority, the periods for, and the manner in, which such inspection, servic- ing, and overhaul shall be made, including provision for examina- tions and reports by properly qualified private persons whose examinations or reports the Authority may accept in lieu of those made by its officers and employees; (4) Reasonable rules and regulations governing the reserve supply of aircraft, aircraft engines, propellers, appliances, and 1007 Index of convey- ances. Regulations. Previously unre- corded ownership. Title VI-Civil Aeronautics Safety Regulation. General safety powers and duties. Minimum stand- ards; rules and regula- tions.

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