46 C.F.R. § 67.245   Requirements for interlender agreements.


Title 46 - Shipping


Title 46: Shipping
PART 67—DOCUMENTATION OF VESSELS
Subpart Q—Filing and Recording of Instruments—Mortgages, Preferred Mortgages, and Related Instruments

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§ 67.245   Requirements for interlender agreements.

An interlender agreement between multiple mortgagees must:

(a) Be signed by or on behalf of all mortgagees who are party to the interlender agreement; and

(b) Recite the names and addresses of all parties to the interlender agreement.

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