76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
46 lines
2.1 KiB
Markdown
46 lines
2.1 KiB
Markdown
---
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type: "LegalText"
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title: "46 U.S.C. § 40903"
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description: "Suspension or revocation of license"
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jurisdiction: "us"
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corpus: "united_states_code"
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kind: "code_section"
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title_number: 46
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title_name: "SHIPPING"
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chapter_number: "409"
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chapter_name: "OCEAN TRANSPORTATION INTERMEDIARIES"
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section: "40903"
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citation: "46 U.S.C. § 40903"
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status: "current"
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release_point: "119-100"
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release_date: "2026-06-26"
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source: "official"
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source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc46@119-100.zip"
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source_identifier: "/us/usc/t46/s40903"
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source_file: "data/legal/raw/us/code/title-46/usc46.xml"
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source_hash: "482bcb03fe9cc33f1b7bd56cb61bfead6e9fda830f32ed880d6246790f8ea7e4"
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raw_snapshot_hash: "eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f"
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text_hash: "18c045a391f5cec47f5a5fc811b5d9267c882f9a6a3b279028f4f365ad137433"
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retrieved_at: "2026-07-04"
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confidence: "official"
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tags: ["legal", "us-code"]
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---
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# 46 U.S.C. § 40903 - Suspension or revocation of license
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## Text
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(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—
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(1) is not qualified to provide intermediary services; or
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(2) willfully failed to comply with a provision of this part or with an order or regulation of the Commission.
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(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.
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(Pub. L. 109–304, § 7, Oct. 6, 2006, 120 Stat. 1539.)
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## Notes
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Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 4090346 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.
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