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U.S. Department of Transportation Federal Aviation AdministrationAdvisory CircularSubject: Small Unmanned Aircraft Systems (seas)Date: 6/21/16 Initiated by: AFS800AC No: 1072 Change:The Federal Aviation
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AC 107 2 is a form used for reporting certain financial information to the relevant authorities.
Entities or individuals who meet the criteria set by the authorities are required to file AC 107 2.
AC 107 2 must be filled out accurately and completely with all the required financial information.
The purpose of AC 107 2 is to provide the relevant authorities with important financial information for regulatory purposes.
AC 107 2 requires reporting of specific financial data such as income, expenses, assets, and liabilities.
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