§ 91.1014 Issuing or denying management specifications
14 CFR Part 91 — Subpart K—Fractional Ownership Operations
Official text — 14 CFR § 91.1014
REGULATION — LEGALLY BINDING(a) A person applying to the Administrator for management specifications under this subpart must submit an application—
(1) In a form and manner prescribed by the Administrator; and
(2) Containing any information the Administrator requires the applicant to submit.
(b) Management specifications will be issued to the program manager on behalf of the fractional owners if, after investigation, the Administrator finds that the applicant:
(1) Meets the applicable requirements of this subpart; and
(2) Is properly and adequately equipped in accordance with the requirements of this chapter and is able to conduct safe operations under appropriate provisions of part 91 of this chapter and management specifications issued under this subpart.
(c) An application for management specifications will be denied if the Administrator finds that the applicant is not properly or adequately equipped or is not able to conduct safe operations under this part.
Reproduced from the eCFR. Text as amended through 2026-07-31. Verify against the official source before relying on it operationally.
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Is this a regulation?
Yes — this is regulatory text and is legally binding.
Text published in the Code of Federal Regulations. Regulations are legally binding on pilots and operators.