Code of Federal Regulations · Section
§ 401.23 — Liability Insurance
33 C.F.R. § 401.23
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(a) It is a condition of approval of an application for preclearance that the vessel is covered by liability insurance equal to or exceeding $100 per gross registered ton.
(b) No vessel shall transit while its liability insurance is not in full force and effect.
Authorizing Statute
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Functions of Corporation33 U.S.C. § 983