StacksVerified U.S. regulatory reference

46 CFR §5.203

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Any holder may surrender a credential or endorsement to the Coast Guard in preference to appearing at a hearing.
  2. (b)A holder voluntarily surrendering a credential or endorsement shall sign a written statement containing the stipulations that:
    1. (1)The surrender is made voluntarily in preference to appearing at a hearing;
    2. (2)All rights to the credential or endorsement surrendered are permanently relinquished; and,
    3. (3)Any rights with respect to a hearing are waived.
  3. (c)A voluntary surrender of a credential or endorsement 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.