401.23—Liability insurance.
(a)
It is a condition of approval of an application for preclearance that the vessel is covered by liability insurance equal to or exceeding $100 per gross registered ton.
(b)
No vessel shall transit while its liability insurance is not in full force and effect.
Code of Federal Regulations
(68 Stat. 93-96,
33 U.S.C. 981-990
, as amended and secs. 4, 5, 6, 7, 8, 12 and 13 of
sec. 2 of Pub. L. 95-474, 92 Stat. 1471)
Code of Federal Regulations
[39 FR 10900, Mar. 22, 1974, as amended at 45 FR 52378, Aug. 7, 1980]