Code of Federal Regulations · Section
§ 148.310 — How Long Does A License Last?
33 C.F.R. § 148.310
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Each license remains in effect indefinitely subject to the following:
(a) If it is suspended or revoked by MARAD;
(b) If it is surrendered by the owner; or
(c) As otherwise provided by condition of the license.
Authorizing Statute
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Procedure33 U.S.C. § 1504