46 C.F.R. § 296.22 Other vessels.
Title 46 - Shipping
(a) Third Priority. To the extent that appropriated funds are available after applying the first priority, tank vessels, in §296.20, and the second priority, Participating Fleet Vessels, in §296.21, the third priority is for any other vessel that is eligible to be included in an MSP Operating Agreement under §296.11(a), and that, during the period of that MSP Operating Agreement, will be: (1) Owned and operated by one or more persons that are Section 2 Citizens; or (2) Owned by a person that is eligible to document the vessel under 46 U.S.C. chapter 121 and operated by a person that is a Section 2 Citizen. (b) Fourth Priority. To the extent that appropriations are available after applying the first priority in §296.20, the second priority in §296.21, and the third priority in paragraph (a) of this section, the fourth priority is for any other vessel that is eligible to be included in an MSP Operating Agreement under §296.11(a).
Title 46: Shipping
PART 296—MARITIME SECURITY PROGRAM (MSP)
Subpart C—Priority for Granting Applications
§ 296.22 Other vessels.