46 C.F.R. § 67.35
Partnership
A partnership meets citizenship requirements if all its general partners are citizens, and:
(a) For the purpose of obtaining a registry or recreational endorsement, at least 50 percent of the equity interest in the partnership is owned by citizens.
(b) For the purpose of obtaining a fishery endorsement, at least 75 percent of the equity interest in the partnership, at each tier of the partnership and in the aggregate, is owned by citizens.
(c) For the purpose of obtaining a coastwise endorsement at least 75 percent of the equity interest in the partnership is owned by citizens or the vessel qualifies under § 68.60 or § 68.105 of this chapter.
Notes of Decisions
Cited in 1
case, 1982–1982 · leading case: United States v. Victor Manuel Stuart-Caballero, Amador Ortega & Armando Arias Diaz, 686 F.2d 890 (11th Cir. 1982).
United States v. Victor Manuel Stuart-Caballero, Amador Ortega & Armando Arias Diaz, 686 F.2d 890 (11th Cir. 1982). “The temporary status is of no present significance, however, and simply requires that its registration document be surrendered within ten days of its arrival at its home port of Norfolk, 46 C.F.R. § 67.35 , the only port where its permanent documents can be issued.”
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