Fossett's Plane Found
Just nitpicking here, but it's actually legal for pilots flying aerobatics solo. Parachutes are only *required* when carrying someone else in the plane.
Federal Aviation Regulation 91.307 section C
(c) Unless each occupant of the aircraft is wearing an approved parachute, no pilot of a civil aircraft carrying any person (other than a crewmember) may execute any intentional maneuver that exceeds
(1) A bank of 60 degrees relative to the horizon; or
(2) A nose-up or nose-down attitude of 30 degrees relative to the horizon.