{"data":{"id":"us/46-cfr-67.36","jurisdiction":"us","citation":"46 CFR 67.36","heading":"Trust.","body":"(a) For the purpose of obtaining a registry or recreational endorsement, a trust arrangement meets citizenship requirements if:\n(1) Each of its trustees is a citizen; and\n(2) Each beneficiary with an enforceable interest in the trust is a citizen.\n(b) For the purpose of obtaining a fishery endorsement, a trust arrangement meets citizenship requirements if:\n(1) It meets all the requirements of paragraph (a) of this section; and\n(2) At least 75 percent of the equity interest in the trust, at each tier of the trust and in the aggregate, is owned by citizens.\n(c) For the purpose of obtaining a coastwise endorsement a trust arrangement meets citizenship requirements if:\n(1) It meets the requirements of paragraph (a) of this section and at least 75 percent of the equity interest in the trust is owned by citizens; or\n(2) It meets the requirements of § 68.60 or § 68.105 of this chapter.","path":["Title 46—Shipping","CHAPTER I—COAST GUARD, DEPARTMENT OF HOMELAND SECURITY","SUBCHAPTER G—DOCUMENTATION AND MEASUREMENT OF VESSELS","PART 67—DOCUMENTATION OF VESSELS","Subpart C—Citizenship Requirements for Vessel 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":"ac439a5a3d421b66a42452562bf7d0f5288761bf18bde9c02b66d15746a4628c","source_id":"us-cfr","stale":true,"prev":"us/46-cfr-67.35","next":"us/46-cfr-67.37"},"notice":"GroundRules: Original legal text. Not legal advice."}