View all text of Subpart E [§ 5.201 - § 5.205]
§ 5.203 - Voluntary surrender to avoid hearing.
(a) Any holder may surrender a credential or endorsement to the Coast Guard in preference to appearing at a hearing.
(b) A holder voluntarily surrendering a credential or endorsement shall sign a written statement containing the stipulations that:
(1) The surrender is made voluntarily in preference to appearing at a hearing;
(2) All rights to the credential or endorsement surrendered are permanently relinquished; and,
(3) Any rights with respect to a hearing are waived.
(c) A voluntary surrender of a credential or endorsement to an investigating officer in preference to appearing at a hearing is not to be accepted by an investigating officer unless the investigating officer is convinced that the holder fully realizes the effect of such surrender.