I think at this point you should be more concerned about the 'possible' FAA issue. As stated by someone before you should consult an aviation lawyer to make sure that you are not making a mistake. It has been documented in past cases that "ignorance" is not a valid excuse. In other words just dont get yourself burned by a gray area. (is it grey or gray, I cant ever remember)
Remeber the FAA is here to help you (insert sarcasm)