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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... "
The Code of Federal Regulations of the United States of America - Page 192
1967
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Vessel Documentation Waivers: Hearings Before the Subcommittee on Merchant ...

United States. Congress. House. Committee on Merchant Marine and Fisheries. Subcommittee on Merchant Marine - Coastwise shipping - 1990 - 240 pages
...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. Controlling (b) The controlling interest in a corporation shall not ££oTat!on ^ deTed.t? »• amei...
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Vessel Documentation Waivers: Hearings Before the Subcommittee on Merchant ...

United States. Congress. House. Committee on Merchant Marine and Fisheries. Subcommittee on Merchant Marine - Coastwise shipping - 1990 - 324 pages
...2 of the 1916 Act provides, among other things, that for a corporation, partnership, or association "operating any vessel in the coastwise trade the amount...citizens of the United States shall be 75 per centum." The one exception to the 75-percent US-citizen ownership requirement for corporations owning or operating...
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The Code of Federal Regulations of the United States of America

Administrative law - 1964 - 672 pages
...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 76 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 - 1996 - 810 pages
...necessary to constitute a quorum are noncltizens and the corporation Itself Is organized under the laws of the United States or of a State. Territory. District,...in a corporation shall not be deemed to be owned by dûzens of the United States (a) if the title to a majority of the stock thereof is not vested in such...
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The Impact of U.S. Coastwise Trade Laws on the Transportation System in the ...

United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Coast Guard and Maritime Transportation - Law - 1997 - 1026 pages
...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 2(a) of the Shipping Act, 1916, as amended, 46 App US C 802(a). The citizen control requirements...
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The Impact of U.S. Coastwise Trade Laws on the Transportation System in the ...

United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Coast Guard and Maritime Transportation - Law - 1997 - 1020 pages
...into subsection (a) and adding at the end thereof after the words "possession thereof" the following: "but in the case of a corporation, association, or...owned by citizens of the United States shall be 75 per centun." The amendment also made the second unnumbered paragraph of that section (defining "controlling...
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S. 668, S. 803, and the Domestic Cruise Ship Trade: Hearing Before the ...

United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine - Law - 1996 - 120 pages
...necessary to constitute a quorum are citizens and the corporation itself is organized under the laws of the United States or of a State, Territory, District...owned by citizens of the United States shall be 75 pier centum. — Section 2(a) of the Shipping Act, 1916, as amended, 46 App. USC 802(a). The citizen...
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S. 668, S. 803, and the Domestic Cruise Ship Trade: Hearing Before the ...

United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Surface Transportation and Merchant Marine - Law - 1998 - 110 pages
...necessary to constitute a quorum are citizens and the corporation itself is organized under the laws of the United States or of a State, Territory, District...corporation, association or partnership operating any yeaael in the coastwise trade the amount of interest required to be owned by citizens of the United...
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Compilation of Maritime Laws as Amended Through June 30, 2000: Shipping Act ...

United States - Merchant mariners - 2000 - 240 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 n such citizens free from any trust or fiduciary obligation...
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The Code of Federal Regulations of the United States of America

Administrative law - 1967 - 688 pages
...necessary to constitute a quorum are noncltizens and the corporation itself is organized under the laws of the United States or of a State, Territory, District,...centum. "(b) The controlling interest in a corporation snail not be deemed to be owned by citizens of the United States (a) if the title to a majority of...
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