[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: 46CFR5.203]

[Page 62]
 
                           TITLE 46--SHIPPING
 
         CHAPTER I--COAST GUARD, DEPARTMENT OF HOMELAND SECURITY
 
PART 5_MARINE INVESTIGATION REGULATIONS_PERSONNEL ACTION--Table of
 
   Subpart E_Deposit or Surrender of License, Certificate or Document
 
Sec. 5.203  Voluntary surrender to avoid hearing.

    (a) Any holder may surrender a license, certificate or document to 
the Coast Guard in preference to appearing at a hearing.
    (b) A holder voluntarily surrendering a license, certificate or 
document shall sign a written statement containing the stipulations 
that:
    (1) The surrender is made voluntarily in preference to appearing at 
a hearing;
    (2) All rights to the license, certificate or document surrendered 
are permanently relinquished; and,
    (3) Any rights with respect to a hearing are waived.
    (c) A voluntary surrender of a license, certificate or document to 
an investigating officer in preference to appearing at a hearing is not 
to be accepted by an investigating officer unless the investigating 
officer is convinced that the holder fully realizes the effect of such 
surrender.