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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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Maritime Legislation (consolidation of Shipping Laws; Restricting Cargo ...

United States. Congress. Senate. Commerce - 1966 - 179 pages
...States or of a State, territory, district, or possession thereof, or of the Commonwealth of Puerto Rico, but in the case of a corporation, association, or...citizens of the United States shall be 75 per centum. (2) The controlling interest in a corporation shall not be deemed to be owned by citizens of the United...
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Hearings, Reports and Prints of the House Committee on Merchant Marine and ...

United States. Congress. House. Committee on Merchant Marine and Fisheries - Fishery law and legislation - 1966
...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 Shipping Act, 1916: And Related Acts, as ...

United States, United States. Congress. House. Committee on Merchant Marine and Fisheries - Maritime law - 1966 - 288 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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Treasury Decisions Under Customs and Other Laws, Volume 94

United States. Dept. of the Treasury - Finance, Public - 1960
...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. Section 3.21 (c) is amended to read as follows: If the vessel be owned by a corporation, the oath shall...
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Draft of Proposed Navigation Act of 1967: Prepared for the Use ..., Issues 22-25

United States. Bureau of Customs - Maritime law - 1967 - 245 pages
...State, [Territory] territory, District, or possession thereof, or of the Commonwealth of Puerto Rico. [but in the case of a corporation, association, or...coastwise trade the amount of interest required to he owned by citizens of the United States shall be 75 per centum.] (c) Seventy-five per centum of the...
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Laws Relating to Shipping and Merchant Marine, Volume 1

United States - Maritime law - 1968
...the United States and the corporation itself is organized under the laws of the United States or 01 a State, Territory, District, or possession thereof,...be owned by citizens of the United States shall be 76 per centum. " (b) The controlling interest in a corporation shall not be deemed to be owned by citizens...
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Committee Prints

United States. Congress. House. Committee on Interior and Insular Affairs - 1968
...exercised by anv person who is not a citizen of the United States. (c) Seventy-live 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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Laws Relating to Shipping and Merchant Marine, Volume 2

United States - Maritime law - 1968
...interest of therein owned by citizens of the United States. Seventy-five per centum of the interest in the 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 is not vested in such citizens free from any trust or fiduciary obligation...
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Fisheries Legislation, 1969-70: Hearings, Ninety-first Congress, First and ...

United States. Congress. Senate. Committee on Commerce. Subcommittee on Energy, Natural Resources, and the Environment - Fishery and legislation - 1970 - 358 pages
...be amended by changing the period in line 3, page 2, to a comma and adding the phrase "except that the amount of interest required to be owned by citizens of the United States shall be 75 percentum". The Bureau of the Budget has advised that there is no objection to the presentation of...
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Hearings

United States. Congress. Senate. Committee on Commerce - 1970
...be amended by changing the period in line 3, page 2, to a comma and adding the phrase "except that the amount of interest required to be owned by citizens of the United States shall be 75 percentum". The Bureau of the Budget has advised that there Is no objection to the presentation of...
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