The special citizenship status created by the Act entitles the 883-1 corporation to document certain vessels for certain limited purposes:
(a) An 883-1 corporation may document under the Act only vessels which are qualified for employment in the coastwise trade and which are either non-self propelled or, if self-propelled, are of less than 500 gross tons.
(b) A vessel owned by an 883-1 corporation and meeting the criteria in paragraph (a) of this section may be documented only for use in the coastwise trade subject to the restrictions in § 68.17.
(c) Section 68.19 contains details concerning the documentation of vessels by an 883-1 corporation.
[CGD 80-107, 47 FR 27511, June 24, 1982. Redesignated and amended by USCG-2005-20258, 71 FR 61418, Oct. 18, 2006]
authority: 46 U.S.C. 3306,
3703,
8105; sec. 617, Pub. L. 111-281, 124 Stat. 2905; E.O. 12234, 45 FR 58801, 3 CFR, 1980 Comp., p. 277; DHS Delegation No. 00170.1, Revision No. 01.4
source: CGD 80-107, 47 FR 27511, June 24, 1982, unless otherwise noted.
cite as: 46 CFR 68.13