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Electronic Code of Federal Regulations

e-CFR data is current as of February 25, 2020

Title 46Chapter IVSubchapter BPart 540Subpart B → §540.25


Title 46: Shipping
PART 540—PASSENGER VESSEL FINANCIAL RESPONSIBILITY
Subpart B—Proof of Financial Responsibility, Bonding and Certification of Financial Responsibility To Meet Liability Incurred for Death or Injury to Passengers or Other Persons on Voyages


§540.25   Evidence of financial responsibility.

Where satisfactory proof of financial responsibility has been established, a Certificate (Casualty) covering specified vessels shall be issued evidencing the Commission's finding of adequate financial responsibility to meet any liability which may be incurred for death or injury to passengers or other persons on voyages. The period covered by the certificate shall be indeterminate unless a termination date has been specified therein.

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