§ 40903. Suspension or revocation of license
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(a)Failure To Maintain Qualifications or To Comply.— The Federal Maritime Commission, after notice and opportunity for a hearing, shall suspend or revoke an ocean transportation intermediary’s license if the Commission finds that the ocean transportation intermediary—
(1)is not qualified to provide intermediary services; or
(2)willfully failed to comply with a provision of this part or with an order or regulation of the Commission.
(b)Failure To Maintain Bond, Proof of Insurance, or Other Surety.— The Commission may revoke an ocean transportation intermediary’s license for failure to maintain a bond, proof of insurance, or other surety as required by section 40902(a) of this title.
(Pub. L. 109–304, § 7, Oct. 6, 2006, 120 Stat. 1539.)
In subsection (a)(2), the words “lawful” and “rule” are omitted as unnecessary.
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register
- NoticesNotice of Open Meeting
- Proposed RulesDirect final rule; confirmation of effective date and response to public comment
- NoticesNotice of Order of Investigation and Hearing
- NoticesFEDERAL MARITIME COMMISSION
- NoticesFEDERAL MARITIME COMMISSION
- Rules and RegulationsDirect final rule; and request for comments
- NoticesFEDERAL MARITIME COMMISSION
- NoticesFEDERAL MARITIME COMMISSION
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U.S. Code
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- Pub. L. 109–304, § 7
- 120 Stat. 1539
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§ 40903
Suspension or revocation of license
Fed. Reg.×10
Pub. L.Pub. L. 109–304, § 7
Stat.120 Stat. 1539
Cites 3Cited by 10 across 1 source