46 CFR §67.352
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The exemption in this subpart shall not be available to:
- (a)Owners and mortgagees of a fishing vessel less than 100 feet in length who acquired an interest in the vessel after October 1, 2001; or
- (b)Owners of a fishing vessel less than 100 feet in length, if any ownership interest in that vessel is transferred to or otherwise acquired by a non-U.S. citizen after October 1, 2001.