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MS SB2336
Bill
AI Summary
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Creates a lien for airport authorities on all aircraft landing at their airport for unpaid landing fees and other rates and charges previously established in the authority's rules and regulations.
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Allows airport authorities to enforce liens against nonresident debtor airlines by obtaining a writ of sequestration from a court of appropriate jurisdiction against aircraft operating under the airline's Federal Aviation Administration certificate.
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Requires courts to find prima facie evidence of past-due fees, exigent circumstances, and that the authority has posted a corporate surety bond equal to 125% of the claimed past-due amount before issuing a writ of sequestration.
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Grants nonresident debtor airlines an immediate evidentiary hearing to rebut the authority's claim and revoke the writ, and allows airlines to substitute a corporate surety bond equal to 125% of past-due amounts in place of sequestered aircraft.
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Takes effect upon passage.
Legislative Description
Airport authorities; may enforce a lien on aircraft for unpaid landing fees or other rates and charges.
Last Action
Approved by Governor
4/16/2012