Have you ever tried to register an aircraft with the FAA on behalf of a limited liability company (“LLC“) only to be told by the FAA that you need to submit a “statement in support of registration by a limited liability company” (an “LLC Statement“)? Or have you submitted an LLC Statement only to have the FAA reject the statement for one reason or another?
If so, you are not alone. The FAA has very specific requirements for LLC Statements. Some of these requirements are mandated by regulation. Others are internal FAA requirements. In any event, complying with all of these requirements can be challenging if you don’t know what is required.
Fortunately, once you know why the FAA needs the LLC Statement and what information must be included, complying with these requirements is pretty straightforward. To learn more about LLC Statements, please read my latest article on the topic: The “Ins” And “Outs” Of LLC Statements In Support Of Aircraft Registration.