§249.3. Amounts of insurance.
46 C.F.R. § 249.3
MARAD will inform the owner of each vessel that is subsidized or covered by vessel obligation guarantees, prior to initial placement and at least annually thereafter, of the minimum amount of insurance required to be placed on the vessel.
Notes, amendments, and revision history
Authority
Authority: Sec. 204(b), 1109, Merchant Marine Act, 1936, as amended (46 App. U.S.C. 1114(b), 1279b); 49 CFR 1.66.
Source
Source: 53 FR 23119, June 20, 1988, unless otherwise noted.