What is the Code of Federal Regulations (CFR) citation for Certificates of Financial Responsibility (COFRs)?

The citation for Certificates of Financial Responsibility (COFRs) is found in 33 CFR 138. This regulation specifically outlines the requirements for obtaining and maintaining COFRs for vessels that could be involved in the discharge of oil or hazardous substances. The citations in this section detail the financial responsibility requirements that operators must meet and establish the framework for the liability coverage necessary to respond to such discharges. This regulation ensures that vessels can cover potential spill-related costs, enhancing protection for the environment and public health. Understanding this citation is crucial for compliance and for the operational readiness of maritime activities that involve hazardous materials.