46 C.F.R. § 308.400 Authority.
Title 46 - Shipping
The Secretary of Transportation has delegated authority to the Maritime Administrator to perform the functions vested in the Secretary of Transportation by Title XII of the Merchant Marine Act, 1936, as amended. The Maritime Administrator, pursuant to a finding by the Secretary under section 1202(a) of the Act authorized, (46 App. U.S.C. 1982(a)) has authorized the issuance of war risk insurance on American vessels under construction in shipyards in the United States.
Title 46: Shipping
PART 308—WAR RISK INSURANCE
Subpart E—War Risk Builder's Risk Insurance
§ 308.400 Authority.
