§356.25. Operation of Fishing Industry Vessel Mortgagees. — Inbound Citations
46 C.F.R. § 356.25
Statutory Authority
Cited by 2 regulations in release Current.
Citations to 46 U.S.C. § 356.25 as a whole
-
(b) The mortgage may not include covenants that allow the Mortgagee to operate the vessel except as provided for in § 356.25.
-
(3) A state or federally chartered financial institution that meets the Controlling Interest requirements of paragraphs (g)(1) and (2) of this section is deemed to be a Citizen of the United States for all purposes under subpart D of this part other than operation of the vessel pursuant to § 356.25.