46 CFR § 308.543 - Cancellation.

---
identifier: "/us/cfr/t46/s308.543"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "46 CFR § 308.543 - Cancellation."
title_number: 46
title_name: "Shipping"
section_number: "308.543"
section_name: "Cancellation."
chapter_name: "MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "G"
subchapter_name: "EMERGENCY OPERATIONS"
part_number: "308"
part_name: "WAR RISK INSURANCE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
regulatory_source: "79 FR 17898, Mar. 31, 2014, unless otherwise noted."
cfr_part: "308"
---


# 308.543 Cancellation.

Facultative war risk insurance is not subject to cancellation by the Assured unless the goods are not shipped within thirty (30) days following the effective date of binding, and then only if the policy is returned for cancellation.