Approval for inclusion of the AC Form
8050-98 Security Agreement into OMB Collection 2120-0042 is needed
in that the form may be used by the public (though not required as
only method of submission) for having liens/mortgages against
aircraft, engines, propellers, and spare parts recorded with the
Civil Aviation Registry in accordance with requirements of 14 CFR
Part 49. Once examined and it is confirmed that the instrument
meets recording requirements, the document is given a recording
number and made a permanent part of the aircraft record. The
additional document added to Supporting Statement A, "Air Carrier
contract Maintenance final Rule" was added in error and is not
relevant to this collection, please disregard it.
US Code:
49
USC 44108 Name of Law: Validity of conveyances, leases, and
security
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.