StacksVerified U.S. regulatory reference

50 CFR §296.14

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
  1. (a)The claim application will contain a subrogation statement signed by the claimant as a condition of payment of the claim which:
    1. (1)Assigns to the Fund the claimant's rights against third parties; and
    2. (2)Provides that the claimant will assist the Fund in any reasonable way to pursue those rights.
  2. (b)Collection of subrogated rights. If a reasonable chance of successful collection exists, NMFS will refer any subrogated rights to the Justice Department for collection.
  3. (c)Any moneys recovered through subrogation shall be deposited into the Fund.