Code of Federal Regulations · Section
§ 1.03-10 — -10 Definition Of Terms Used In This Subpart
46 C.F.R. § 1.03-10
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(a) The term recognized classification society means the American Bureau of Shipping or other classification society recognized by the Commandant.
(b) The term new vessel means:
(1) For vessels which require a Certificate of Inspection, a new vessel is a vessel which has not received an initial Certificate of Inspection.
(2) For vessels which do not require a Certificate of Inspection, a new vessel is a vessel which has not received a Load Line assignment.
(c) The term existing vessel means a vessel which is not a new vessel.
Authorizing Statute
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Regulations14 U.S.C. § 503
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General46 U.S.C. § 7701
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Regulations46 U.S.C. § 3306