Sec. 10108. Changes in airport sponsorship or operations
263 words·~1 min read·
/bill/116/hr/2/rds/section-10108A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 44706 of title 49, United States Code, is amended— by redesignating subsection
(f)as subsection (h); and by inserting after subsection
(e)the following: Except as provided for in paragraph (2), for a proposed transfer of the sponsorship or operations of an airport to a new sponsor or operator, the Administrator shall issue an airport operating certificate to a new sponsor or operator if— the holder of the airport operating certificate for such airport consents to the transfer of sponsorship or operations; and the new sponsor or operator satisfies all requirements for obtaining a certificate under this section. For a proposed transfer of the sponsorship or operations of an airport to a new sponsor or operator for which the holder of the airport operating certificate disputes such transfer, the Administrator shall issue an airport operating certificate to the new sponsor if the new sponsor or operator satisfies all requirements for obtaining a certificate under this section and the dispute is resolved by— the issuance of a final, non-appealable judicial decision requiring a change of sponsorship or operations; or the issuance of a consent letter between the holder of an airport operating certificate and a new sponsor or operator. After a change in sponsorship or operations under subsection (f), the new airport sponsor or operator shall reimburse the previous holder of an airport operating certificate for investments made by such holder that have not been fully recouped as of the change in airport sponsorship or operations and such reimbursement shall be consistent with all policies and procedures of the Federal Aviation Administration. .