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Code of Federal Regulations Title 46. Shipping § 46.565.2 Definitions

Current as of October 02, 2022 | Updated by FindLaw Staff

(a) Controlled carrier means an ocean common carrier that is, or whose operating assets are, directly or indirectly owned or controlled by a government. Ownership or control by a government shall be deemed to exist with respect to any ocean common carrier if:

(1) A majority portion of the interest in the carrier is owned or controlled in any manner by that government, by any agency thereof, or by any public or private person controlled by that government;  or

(2) That government has the right to appoint or disapprove the appointment of a majority of the directors, the chief operating officer or the chief executive officer of the carrier.

(b) Effective date has the same meaning it has in 46 CFR part 520.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 46. Shipping § 46.565.2 Definitions - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-46-shipping/cfr-sect-46-565-2/

Read this complete Code of Federal Regulations Title 46. Shipping § 46.565.2 Definitions on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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