In the event of sale, lease, confiscation, requisition, total loss, or other change in the status of an aircraft or insurable items covered by insurance under this part, the insured party must notify the office administering the Aviation Insurance Program before, or as soon as practicable after, the change in status.
source: Docket No. 28893, 63 FR 13739, Mar. 20, 1998, unless otherwise noted.
cite as: 14 CFR 198.11