On Mon, 3 Oct 2005 21:45:16 -0500, "Jeff" wrote:

I know that you can not use an experimental airplane for hire or for a
rental or use it for flight training (unless you own the airplane and have
an instructor that will fly with you or you use the exemption for transition
training), but what would keep you from forming a flying club using
experimental airplanes? Each club member would own a share of the airplane
so they would not be renting the airplane when they use it. The by laws
could be written in such a way that had no reference to rent per hour.
Specify that the cost per hour was specifically for maintenance, hangar,
insurance, and fuel.

Nothing preventing it, as far as I know. I was a member of such a club for
about seven years (the original Fly Baby, with the Fly Baby Flyers, Inc.) and
I'm aware of another club that's been operating such a way for almost fifty
years (The Story Flying Club).

Ron Wanttaja