Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 46 - Shipping |
Chapter II - Maritime Administration, Department of Transportation |
SubChapter C - Regulations Affecting Subsidized Vessels and Operators |
Part 249 - Approval of Underwriters for Marine Hull Insurance |
§ 249.3 - Amounts of insurance.
Latest version.
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§ 249.3 Amounts of insurance.
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.