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United States Department of Transportation United States Department of Transportation

AC 91-37B - Truth in Leasing

Document Information

Number
91-37B
Title
Truth in Leasing
Status
Active
Date issued
2016-02-10
Office of Primary Responsibility
AFS-800
Description
This advisory circular (AC) provides information and guidance for lessees and conditional buyers of U.S.-registered aircraft. While truth-in-leasing requirements are required by regulation for aircraft weighing more than 12,500 pounds, the Federal Aviation Administration (FAA) prepared this AC to ensure any person who is seeking to lease an aircraft understands the meaning of operational control and does not enter into an agreement where operational control is not clearly maintained by the appropriate party.
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