This month NBAA continues a series of seminars on Part 91 Subpart K, the new rule that regulates fractional operations. The next three seminars are scheduled on January 20 in Van Nuys, Calif.; February 20 in Dallas; and June 25 in Chicago. Topics include a review of the FAR revisions; ownership and operator responsibilities; tax and financial implications; international aspects; and aircraft registration options. The fee for this event is $495 for NBAA members and $625 for nonmembers. To register call (202) 783-9366 or 9367. Subpart K went into effect on November 17 for new operators. For fractional companies operational before November 17, the new rules take effect on Feb. 17, 2005.