After completion of the filing and notification requirements of this part, the Department may acknowledge the registration by notice in the action granting the application for initial operating authority, transfer, or reissuance or by separate notice in the case of use of a trade name. Non-action under this provision shall not be construed as an adjudication of any rights or liabilities.

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Terms Used In 14 CFR 215.6

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.

[53 FR 17923, May 19, 1988, as amended at 70 FR 25768, May 16, 2005]