[Code of Federal Regulations] [Title 46, Volume 1] [Revised as of January 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 46CFR10.221] [Page 136] TITLE 46--SHIPPING CHAPTER I--COAST GUARD, DEPARTMENT OF HOMELAND SECURITY PART 10_LICENSING OF MARITIME PERSONNEL--Table of Contents Subpart B_General Requirements for All Licenses and Certificates of Registry Sec. 10.221 Parting with license. The holder of a license shall not voluntarily part with it or place it beyond his or her personal control by pledging or depositing it with any other person for any purpose. If the holder violates this section, he or she may be proceeded against in accordance with the provisions of part 5 of this chapter, looking to a suspension or revocation of the license.