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Thursday, April 18, 2024

MARAD Administration of Title XI Deposit Funds

Maritime Activity Reports, Inc.

September 30, 2002

The Maritime Administration (MARAD) issued regulations relating to its administration of funds deposited under the Title XI federal loan guarantee program. Such funds may now be deposited with the U.S. Treasury and invested in Treasury obligations. The change comes into effect on October 30, 2002. Source: HK Law

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