Notice: The uscode.house.gov website is currently operating in a temporary format. While the United States Code remains available from its authoritative source, some website features and functionality are temporarily unavailable.
The United States Code Online is current through Public Law 119-120 (October 7, 2026).
Search & Browse Currency and Updating Classification Tables Popular Name Tool Positive Law Codification Editorial Reclassification Downloads
46 U.S.C. 40903: Suspension or revocation of licenseText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 46-SHIPPINGCHAPTER 409-OCEAN TRANSPORTATION INTERMEDIARIES
Jump To: Source CreditHistorical and Revision Notes

§40903. Suspension or revocation of license

(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 .)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

40903

46 App.:1718(c).

Pub. L. 98–237, § 19(c), Mar. 20, 1984, 98 Stat. 88; Pub. L. 105–258, title I, § 116, Oct. 14, 1998, 112 Stat. 1912.

In subsection (a)(2), the words “lawful” and “rule” are omitted as unnecessary.