49 CFR §850.15
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)The Board may conduct an investigation under the Act of any major marine casualty or any casualty involving public and nonpublic vessels. Where the Board determines it will convene a hearing in connection with such an investigation, the Board's rules of practice for transportation accident hearings in 49 CFR part 845 shall apply.
- (b)The Board shall conduct an investigation under the Act when:
- (1)The casualty involves a Coast Guard and a nonpublic vessel and at least one fatality or $75,000 in property damage; or
- (2)The Commandant and the Board agree that the Board shall conduct the investigation, and the casualty involves a public and a nonpublic vessel and at least one fatality or $75,000 in property damage; or
- (3)The Commandant and the Board agree that the Board shall conduct the investigation, and the casualty is a major marine casualty which involves significant safety issues relating to Coast Guard safety functions.