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" The controlling interest in a corporation shall not be deemed to be owned by citizens of the United States (a) if the title to a majority of the stock thereof is not vested in such citizens free from any trust or fiduciary obligation in favor of any person... "
Code of Federal Regulations - Page 192
1967
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Marine Laws: Navigation and Safety, Volume 2

United States - Maritime law - 1953 - 1200 pages
...exercised by any person who is not a citizen of the United States. (c) Seventy-five per centum of the d may show the white light instead of carrying it...masthead, and may, instead of the side lights above m 75 per centum of its stock is not vested in such citizens free from any trust or fiduciary obligation...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1954
...necessary to constitute a quorum are noncitizens and the corporation itself is organized under the laws of the United States or of a State, Territory, District,...citizens of the United States shall be 75 per centum. (d) The aggregate book value of the vessels owned by such corporation does not exceed 10 per centum...
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Study of Vessel Transfer, Trade-in, and Reserve Fleet Policies: Hearings ...

United States. Congress. House. Committee on Merchant Marine and Fisheries - Merchant marine - 1957 - 731 pages
...directors are citizens of the United States and the corporation itself is organized under the laws of the United States or of a State, Territory, district,...citizens of the United States shall be 75 per centum. There is nothing in that statute which indicates that the controlling interest, 50 percent, as the...
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Study of Vessel Transfer, Trade-in, and Reserve Policies

United States. Congress. House. Merchant Marine and Fisheries - 1957
...directors are citizens of the United States and the corporation itself is organized under the laws of the United States or of a State, Territory, district,...citizens of the United States shall be 75 per centum. There is nothing in that statute which indicates that the controlling interest, 50 percent, as the...
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The Merchant Marine Act, 1936, the Merch. Mar. Act 1920......

United States. Congress. Senate. Interstate and Foreign Commerce - 1957
...exercised by any person who is not a citizen of the United States. (c) Seventy-five per centum of the interest in a corporation shall not be deemed to be...citizens of the United States (a) if the title to 75 per centum of its stock is not vested in such citizens free from any trust or fiduciary obligation...
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The Merchant Marine Act, 1936, the Merchant Ship Sales Act of 1946,the ...

United States, United States. Congress. Senate. Committee on Interstate and Foreign Commerce - Maritime law - 1957 - 238 pages
...exercised by any person who is not a citizen of the United States. (c) Seventy-five per centum of the interest in a corporation shall not be deemed to be...citizens of the United States (a) if the title to 75 per centum of its stock is not vested in such citizens free from any trust or fiduciary obligation...
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Nomination of Julius C. Holmes ... Ambassador to Iran

United States. Congress. Senate. Foreign Relations - 1961 - 156 pages
...68242—61I would like to quote to you a portion of the law, quoting from page 8 of this committee report : The controlling interest in a corporation shall not...deemed to be owned by citizens of the United States if by any means whatsoever control of the corporation is conferred upon or permitted to be exercised...
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Laws Governing Marine Inspection

United States - 1975
...exercised by any person who is not a citizen of the United States. (c) Seventy-five per centum of the interest in a corporation shall not be deemed to be...citizens of the United States (a) if the title to 75 per centum of its stock is not vested in such citizens free from any trust or fiduciary obligation...
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Code of Federal Regulations: Containing a Codification of Documents of ...

Administrative law - 1964
...any person who is not a citizen of the United States. "(c) Seventy-five per centum of the inter, est In a corporation shall not be deemed to be owned by...citizens of the United States (a) If the title to 75 per centum of its stock IB not vested In such citizens free from any trust or fiduciary obligation...
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Draft of Proposed Merchant Marine Act of 1966, Prepared for the Use of the ...

United States. Congress. Senate. Commerce - 1966 - 219 pages
...or of a State, territory, district, or possession thereof, or of the Commonwealth fff Puerto Rico, but in the case of a corporation, association, or...to be owned by citizens of the United States [(a)] (1) if the title to a majority of the stock thereof is not vested in such citizens free from any trust...
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