Neither. We fly under DCMA 8210. That probably means nothing to you, or most of the folks flying oconus for that matter, but it is not standard civil flying.

For the King Air, per federal regulation (DoD not FAA) two pilots are required. The PIC is whoever has been designated as such and scheduled for a specific flight, regardless of who the PF and PNF is. We operate in a crew coordinated environment and there is never a "sole manipulator" of the flight controls as the PNF has clearly defined responsibilities to manipulate the power levers and AP / FD.

Plan on 600 total hours per year, half as PIC, half as SIC.