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Avionics Escrow

 
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speckter(at)comcast.net
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PostPosted: Wed Jan 03, 2007 2:31 pm    Post subject: Avionics Escrow Reply with quote
In light of the recent Chelton/Direct to Avionics mess and past kit manufactures bankrupsies, I called AOPA Escrow services and inquired about them holding funds until the avionics manufacture delivered. They can do that for any builder who doesn’t want to send money direct. The rules of when the money is dispersed is negotiated between the parties before any money is sent.
Looks like good protection for those who want it.
Gary
40274
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