50 C.F.R. § 296.14 Subrogation.
Title 50 - Wildlife and Fisheries
(a) The claim application will contain a subrogation statement signed by the claimant as a condition of payment of the claim which: (1) Assigns to the Fund the claimant's rights against third parties; and (2) Provides that the claimant will assist the Fund in any reasonable way to pursue those rights. (b) Collection of subrogated rights. If a reasonable chance of successful collection exists, NMFS will refer any subrogated rights to the Justice Department for collection. (c) Any moneys recovered through subrogation shall be deposited into the Fund. [47 FR 49600, Nov. 1, 1982, as amended at 61 FR 6323, Feb. 20, 1996]
Title 50: Wildlife and Fisheries
PART 296—FISHERMEN'S CONTINGENCY FUND
§ 296.14 Subrogation.