A recreational endorsement may be issued for a vessel that satisfies the requirements of section 12103 of this title.

A vessel operating under a recreational endorsement may be operated only for pleasure.

A vessel for which a recreational endorsement is issued may proceed between a port of the United States and a port of a foreign country without entering or clearing with the Secretary of Homeland Security. However, a recreational vessel is subject to the requirements for reporting arrivals under section 433 of the Tariff Act of 1930 (19 U.S.C. 1433), and individuals on the vessel are subject to applicable customs regulations.