[Code of Federal Regulations]
[Title 33, Volume 1]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 33CFR66.01-55]

[Page 156-157]
 
                TITLE 33--NAVIGATION AND NAVIGABLE WATERS
 
         CHAPTER I--COAST GUARD, DEPARTMENT OF HOMELAND SECURITY
 
PART 66--PRIVATE AIDS TO NAVIGATION--Table of Contents
 
      Subpart 66.01--Aids to Navigation Other Than Federal or State
 
Sec. 66.01-55  Transfer of ownership.

    (a) When any private aid to navigation authorized by the District 
Commander, or the essential real estate or facility with which the aid 
is associated, is sold or transferred, both parties to the transaction 
shall submit application (Sec. 66.01-5) to the Commander of the Coast 
Guard District in which the aid is located requesting authority to 
transfer responsibility for maintenance of the aid.
    (b) The party relinquishing responsibility for maintenance of the 
private aid to navigation shall indicate on the application form (CG-
2554) both the discontinuance and the change of ownership of the aid 
sold or transferred.
    (c) The party accepting responsibility for maintenance of the 
private aid to

[[Page 157]]

navigation shall indicate on the application form (CG-2554) both the 
establishment and the change of ownership of the aid sold or 
transferred.
    (d) In the event the new owner of the essential real estate or 
facility with which the aid is associated refuses to accept 
responsibility for maintenance of the aid, the former owner shall be 
required to remove the aid without expense to the United States. This 
requirement shall not apply in the case of any authorized private aid to 
navigation required by statute or regulation (Class I, Sec. 66.01-15) 
which shall be maintained by the new owner until the conditions which 
made the aid necessary have been eliminated.