{"data":{"id":"us/46-cfr-298.38","jurisdiction":"us","citation":"46 CFR 298.38","heading":"Partnership agreements and limited liability company agreements.","body":"Partnership and limited liability company agreements must be in form and substance satisfactory to us prior to any Guarantee Closing, especially relating, but not limited to:\n(a) Duration of the entity;\n(b) Adequate partnership or limited liability company funding requirements and mechanisms;\n(c) Dissolution of the entity and withdrawal of a general partner or member;\n(d) The termination, amendment, or other modification of the entity without our prior written consent; and\n(e) Distribution of funds or ownership interest.","path":["Title 46—Shipping","CHAPTER II—MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION","SUBCHAPTER D—VESSEL FINANCING ASSISTANCE","PART 298—OBLIGATION GUARANTEES","Subpart D—Documentation"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-46.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:22Z","sha256":"1faf75410945f27e12b14ce21f229bb6245652ca2333396c5ff1f42d83a952ca","source_id":"us-cfr","stale":true,"prev":"us/46-cfr-298.37","next":"us/46-cfr-298.39"},"notice":"GroundRules: Original legal text. Not legal advice."}