The Code of Federal Regulations of the United States of America

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U.S. Government Printing Office, 1972 - Administrative law
The Code of Federal Regulations is the codification of the general and permanent rules published in the Federal Register by the executive departments and agencies of the Federal Government.

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Page 605 - Home Administration Federal Aviation Administration Federal Claims Collection Standards Federal Communications Commission Federal Contract Compliance, Office of Federal Crop Insurance Corporation Federal Deposit Insurance Corporation Federal Highway Administration Federal Home Loan Bank Board Federal Insurance Administration Federal Labor Relations Council and Federal Service Impasses Panel Federal Maritime Commission Federal Mediation and Conciliation Service Federal Metal and Non-metallic Mine...
Page 36 - ... upon the documents of the vessel. In case such mortgage does not provide for the separate discharge of a vessel and the vessel is to be sold upon the order of a district court of the United States in a suit in rem in admiralty, the court shall determine the portion of the mortgage indebtedness increased by 20 per centum (1) which, in the opinion of the court, the approximate value of the vessel bears to the approximate value of all the vessels covered by the mortgage, and (2) upon the payment...
Page 12 - If 75 per centum of the voting power in such corporation is not vested in citizens of the United States; or (c) if, through any contract or understanding it is so arranged that more than 25 per centum of the voting power in such corporation may be exercised, directly or Indirectly, in behalf of any person who Is not a citizen of the United States...
Page 32 - C. (a) No sale, conveyance, or mortgage which, at the time such sale, conveyance, or mortgage is made, includes a vessel of the United States, or any portion thereof, as the whole or any part of the property sold, conveyed, or mortgaged shall be valid, in respect to such vessel, against any person other than the grantor or mortgagor, his heir or devisee, and a person having actual notice thereof, until such bill of sale, conveyance, or mortgage is recorded in the office of the collector of customs...
Page 11 - States, and, in the case of a corporation, unless its president or other chief executive officer and the chairman of its board of directors are citizens of the United States...
Page 248 - Plans showing clearly for each deck and hold the boundaries of the watertight compartments, the openings therein with the means of closure and position of any controls thereof, and the arrangements for the correction of any list due to flooding.
Page 12 - States; or (b) if the majority of the voting power in such corporation is not vested in citizens of the United States; or (c) if through any contract or understanding it is so arranged that the majority of the voting power may be exercised, directly or indirectly, in behalf of any person who is not a citizen of the United States...
Page 35 - Preferred mortgages (a) A valid mortgage which at the time it is made, includes the whole of any vessel of the United States...
Page 10 - Provided further. That no vessel of more than five hundred gross tons which has acquired the lawful right to engage In the coastwise trade, by virtue of having been built In or documented under the laws of the United States, and which has later been rebuilt, shall have the right thereafter to engage In the coastwise trade, unless the entire rebuilding, Including the construction of any major components of the hull or superstructure of the vessel, Is effected within the United States, Its Territories...
Page 26 - Any person or body corporate having more than one-half ownership of any vessel shall have the same power to remove a master, who Is also part owner of such vessel, as such majority owners have to remove a master not an owner. This section shall not apply where there Is a valid written agreement subsisting, by virtue of which such master would be entitled to possession.

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