Phantom, you are correct, or at least by mine and it looks like others on this thread.

I think we have established that the SIC type rating for all intensive purposes is worthless in terms of logging PIC. Hence, thats why they call it an S.I.C rating. But if someone wants to log PIC time under the aircraft they only hold an SIC type rating for..then whatever. Its all on them for any questions that may arise from that practice.

As for two pilots that are both type rated, then it gets pushed more into a gray area. However as I stated before, if a company really wants to dig--and it would not be that hard---all they have to do is match up what you put on an application for time in type, recency of experience, etc., and match it to what your past FAA records indicate. Some companies type their second in commands, normally due to lower insurance premiums. But here's the kicker: The employer will have access to PRIA records of all applicants which will show past check rides, type rides, etc. If a company has an applicant that has a citation II type rating and has been logging PIC time, then it can be cross checked with the 135.297 (PIC Instrument prof.) and 135.299 (PIC: Line check routes/airports). If there are no records of either for the last 12 months, then it could be assumed that although they are type rated, they were not serving in the capacity of a Pilot In Command for such company.

If both are type rated, have PIC authorizations, and have current and valid 135.297's and .299's, then I guess its up to the individual how they want to log the time.

But in the end, each individual is responsible for their own books and how they want to record it.

My best friend is an FAA operations inspector out of ORD, and I will check with him on the FAA's interpretation.