46 C.F.R. § 1.03-10 Definition of terms used in this subpart.
Title 46 - Shipping
(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.
Title 46: Shipping
PART 1—ORGANIZATION, GENERAL COURSE AND METHODS GOVERNING MARINE SAFETY FUNCTIONS
Subpart 1.03—Rights of Appeal
§ 1.03-10 Definition of terms used in this subpart.

