---
kind: "section"
citation: "46 C.F.R. § 287.15"
title: "46"
number: "287.15"
heading: "Time for making deposits."
url: "https://uscodex.org/cfr/46/287.15"
---

# §287.15. Time for making deposits.

- (a) **Proceeds of sale or indemnification.** Deposits of amounts representing proceeds of the sale or indemnification for loss of a vessel or share therein must be made within 60 days after receipt by the taxpayer.
- (b) **Earnings and receipts.** Earnings and receipts for the taxable year may be deposited at any time. (See [§ 287.14](/cfr/46/287.14.md).)

## Notes

### Authority

Authority: Secs. 204, 511, 49 Stat. 1987, as amended, 54 Stat. 1106, as amended; 46 U.S.C. 1114, 1161.

### Source

Source: General Order 38 (2d Rev.), 30 FR 7215, May 29, 1965; 30 FR 8162, June 25, 1965, unless otherwise noted.