14 C.F.R. § 249.9 Carriers going out of business.
Title 14 - Aeronautics and Space
The records referred to in these regulations may be destroyed after the business is discontinued and the carrier is completely liquidated. The records may not be destroyed until dissolution is final and all transactions and litigations are completed. When a carrier is merged with another company which is regulated by the DOT, the successor company shall preserve records of the merged company in accordance with these regulations. [ER–1214, 46 FR 25415, May 6, 1981, as amended at 60 FR 66725, Dec. 26, 1995]
Title 14: Aeronautics and Space
PART 249—PRESERVATION OF AIR CARRIER RECORDS
Subpart A—General Instructions
§ 249.9 Carriers going out of business.
