Regulations last checked for updates: Oct 16, 2024

Title 46 - Shipping last revised: Sep 23, 2024
§ 308.514 - Return premium.

No premium will be returned to the assured with respect to a shipment of goods that attached under the policy except where there was a declaration of value at variance with Clause 8, or an error in the application of a rate or in the computation of a premium, or the insured goods were short-shipped. An application for the return of a premium shall be made on Form MA-307, prescribed in § 308.527, filed in duplicate with the Underwriting Agent who will transmit it to the Maritime Administrator for payment.

source: 79 FR 17898, Mar. 31, 2014, unless otherwise noted.
cite as: 46 CFR 308.514