1. Regulations
  2. title 46
  3. chapter II
  4. part 325
  5. § Sec.4

View all text of Part 325 [Section 1 - Sec. 5]

Sec. 4 - Sec. 4 Method of payment.

The General Agent shall prepare check drawn on the NSA Special bank account for countersignature by an authorized representative of the Owner. All such payments to the General Agent shall be considered as payments on account and are subject to post-audit by the Owner.

AUTHORITY: Sec. 204, 49 Stat. 1987, as amended; 46 U.S.C. 1114.

SOURCE: FIS-2, 16 FR 10026, Oct. 2, 1951, unless otherwise noted. Redesignated at 45 FR 44587, July 1, 1980.

CITE AS: 46 CFR Sec.