46 CFR 67.235 - Requirements for mortgages.

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There is 1 rule appearing in the Federal Register for 46 CFR 67. View below or at eCFR (GPOAccess)
§ 67.235 Requirements for mortgages.
(a) A mortgage presented for filing and recording must:
(1) Be signed by or on behalf of each mortgagor; and
(2) Recite the following:
(i) The name and address of each mortgagor and the interest in the vessel held by the mortgagor(s);
(ii) The name and address of each mortgagee and the interest in the vessel granted by the mortgage; and
(iii) The amount of the direct or contingent obligations that is or may become secured by the mortgage, excluding interest, expenses, and fees. The amount may be recited in one or more units of account as agreed to by the parties.
(b) A mortgage submitted for filing and recording as a preferred mortgage must cover the whole of a vessel.
(c) A mortgage which secures more than one vessel may, at the option of the parties, provide for separate discharge of such vessels.

Title 46 published on 2014-10-01

The following are only the Rules published in the Federal Register after the published date of Title 46.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-10-10; vol. 79 # 197 - Friday, October 10, 2014
    1. 79 FR 61261 - Shipping and Transportation; Technical, Organizational, and Conforming Amendments
      GPO FDSys XML | Text
      DEPARTMENT OF HOMELAND SECURITY, Coast Guard
      Correcting Amendment.
      This correction is effective on October 10, 2014.
      46 CFR Part 67

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United States Code

Title 46 published on 2014-10-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 46 CFR 67 after this date.

  • 2014-10-10; vol. 79 # 197 - Friday, October 10, 2014
    1. 79 FR 61261 - Shipping and Transportation; Technical, Organizational, and Conforming Amendments
      GPO FDSys XML | Text
      DEPARTMENT OF HOMELAND SECURITY, Coast Guard
      Correcting Amendment.
      This correction is effective on October 10, 2014.
      46 CFR Part 67