36 CFR §3.5

1. (a)The operator of a vessel involved in an accident must report the accident to the superintendent as soon as practical, but in any event within 24 hours of the accident, if the accident involves:
   1. (1)Total property damage of $2000 or more; or
   2. (2)Injury, or death or disappearance of a person
2. (b)If the operator is physically incapable of making the report, the owner or an occupant of the vessel must report the accident to the superintendent.
3. (c)Filing a report with the superintendent may satisfy applicable United States Coast Guard, State, and local accident reporting requirements. Superintendents will forward the accident report to the appropriate reporting authority in a timely manner that complies with the requirements of 33 CFR 173.55.