33 C.F.R. § 148.605 How is the limit of liability determined?
Title 33 - Navigation and Navigable Waters
(a) The Coast Guard may lower the $350,000,000 limit of liability for deepwater ports set by 33 U.S.C. 2704(a)(4), pursuant to paragraph (d) of that section. (b) Requests to adjust the limit of liability for a deepwater port must be submitted to Commandant (G-M). Adjustments are established by a rulemaking that may take place concurrently with the processing of the deepwater port license application.
Title 33: Navigation and Navigable Waters
PART 148—DEEPWATER PORTS: GENERAL
Subpart F—Exemption From or Adjustments to Requirements in This Subchapter
§ 148.605 How is the limit of liability determined?