REFLECTOR: Registration Paperwork

[Rich]

In this state, only if the corp. is a dealer.
Rich
----- Original Message ----- 
From: <aminetech at bluefrog.com>
To: "Velocity Aircraft Owners and Builders list" <reflector at tvbf.org>
Sent: Friday, February 27, 2009 8:26 AM
Subject: Re: REFLECTOR: Registration Paperwork


> Something to consider...  This may not apply in TX, but in MS when an 
> airplane is sold by an individual, no sales tax is required, but if sold 
> by a corporation, sales tax is required.  That might make a difference if 
> you decide to change the ownership in the future.
>
> John
>
> --- michalk at awpi.com wrote:
>
> From: Brian Michalk <michalk at awpi.com>
> To: Velocity Aircraft Owners and Builders list <reflector at tvbf.org>
> Subject: REFLECTOR: Registration Paperwork
> Date: Thu, 26 Feb 2009 19:40:22 -0600
>
> For form 8050-88, "Affidavit of Ownership For Experimental Aircraft...",
> it has lines for "Builder/Manufacturer", "Name of Owner" and "Signature
> of owner".
>
> There are three partners in a company("XYZ company"), and the company
> purchased the kit.
>
> My bill of sale from Velocity has the names and addresses of the three
> partners listed as the purchaser.
>
> Should I fill out the FAA paperwork according to the bill of sale?
> Should I fill and show the XYZ company as owner, and also provide an
> affidavit assigning ownership from the partners to the company?
>
> Question 1:
> a) Builder/Manufacturer: Brian Michalk (I was the majority builder)
> b) Builder/Manufacturer: partner 1, partner 2, partner 3
> c) Builder/Manufacturer: XYZ company
> Question 2:
> a) Name of Owner: XYZ Company
> b) Name of Owner: partner 1, partner 2, partner 3
> Question 3:
> What address to use?  My current address, or corporate address?
>
>
>
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