46 CFR § 351.1 - Purpose.

---
identifier: "/us/cfr/t46/s351.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "46 CFR § 351.1 - Purpose."
title_number: 46
title_name: "Shipping"
section_number: "351.1"
section_name: "Purpose."
chapter_name: "MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION"
subchapter_number: "J"
subchapter_name: "MISCELLANEOUS"
part_number: "351"
part_name: "DEPOSITORIES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 204, 49 Stat. 1987, as amended; 46 U.S.C. 1114."
cfr_part: "351"
---


# 351.1 Purpose.

The purpose of this part is to set forth the criteria necessary for depositories of funds under all programs authorized by the Merchant Marine Act, 1936, as amended (46 U.S.C. 1101 *et seq.*) (Act).

[38 FR 8061, Mar. 28, 1973]