Any aircraft which has crashed and which has not been removed from the site of the crash is conclusively presumed to be abandoned by the owner if:
A. one year has elapsed from the time that the aircraft was released to the owner by the federal agency responsible for investigating the crash; and
B. the owner is not currently and actively engaged in the removal of the aircraft.
History: 1953 Comp., § 44-6-1, enacted by Laws 1975, ch. 18, § 1.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 2A C.J.S. Aeronautics and Aerospace § 4.