46 C.F.R. § 68.01-7   Qualification as a parent or subsidiary.


Title 46 - Shipping


Title 46: Shipping
PART 68—DOCUMENTATION OF VESSELS PURSUANT TO EXTRAORDINARY LEGISLATIVE GRANTS
Subpart 68.01—Regulations Implementing Provisions for 46 U.S.C. App. 883–1

Browse Previous |  Browse Next

§ 68.01-7   Qualification as a parent or subsidiary.

(a) To be formally qualified as a parent corporation, as defined in §68.01–1, a corporation must file with the Director, National Vessel Documentation Center a certificate under oath as described in appendix B.

(b) To be formally qualified as subsidiary corporation as defined in §68.01–1, a corporation must file with the Director, National Vessel Documentation Center a certificate under oath as described in appendix B.

(c) Upon the filing of the certificate required under paragraph (a) or (b) of this section, the Director, National Vessel Documentation Center will furnish the corporation a certificate of parent or subsidiary status which is valid for a period of 3 years from the date of its issuance unless there is a change in corporate status requiring a report under §68.01–9(a) of this subpart. On or before the date of expiration of the certificate of parent or subsidiary status, a new certificate under oath as described in appendix B must be filed with the Director, National Vessel Documentation Center.

[CGD 89–007, CGD 89–007a, 58 FR 60266, Nov. 15, 1993; 58 FR 65131, Dec. 13, 1993, as amended by CGD 95–014, 60 FR 31605, June 15, 1995; USCG–1999–6216, 64 FR 53225, Oct. 1, 1999; USCG–2002–13058, 67 FR 61279, Sept. 30, 2002]

Browse Previous |  Browse Next

chanrobles.com


ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com