[Code of Federal Regulations]
[Title 46, Volume 2]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 46CFR68.01-11]

[Page 380]
 
                           TITLE 46--SHIPPING
 
   CHAPTER I--COAST GUARD, DEPARTMENT OF HOMELAND SECURITY (CONTINUED)
 
PART 68_DOCUMENTATION OF VESSELS PURSUANT TO EXTRAORDINARY LEGISLATIVE 
GRANTS--Table of Contents
 
  Subpart 68.01_Regulations Implementing Provisions for 46 U.S.C. App. 
                                  883-1
 
Sec. 68.01-11  Privileges conferred--documentation of vessel.

    The special citizenship status created by the Act entitles the 883-1 
corporation to document certain vessels for certain limited purposes:
    (a) An 883-1 corporation may document under the Act only vessels 
which are qualified for employment in the coastwise trade and which are 
either non-self propelled or, if self-propelled, are of less than 500 
gross tons.
    (b) A vessel owned by an 883-1 corporation and meeting the criteria 
in paragraph (a) of this section may be documented only for use in the 
coastwise trade subject to the restrictions in Sec. 68.01-15.
    (c) Section 68.01-17 contains details concerning the documentation 
of vessels by an 883-1 corporation.