Ownership interest

Ownership interest means participation in ownership of a corporation, partnership, or other entity:
(1) For sablefish-endorsed permits, ownership interest means participation in ownership of a corporation, partnership, or other entity that owns a sablefish-endorsed permit. Ownership interest does not mean owning stock in a publicly owned corporation.
(2) For the limited entry trawl fishery in subpart D of this part, ownership interest means participation in ownership of a corporation, partnership, or other entity that owns a QS permit, vessel account, MS permit, or an MS/CV-endorsed limited entry permit.

Source

50 CFR § 660.11


Scoping language

These definitions are specific to the fisheries covered in subparts C through G of this part.

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