United States Code
USC most recently checked for updates: Jun 09, 2025
§ 40903.
Suspension or revocation of license
(a)
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)
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.
cite as: 46 USC 40903
