46 CFR § 535.402 - Complete and definite agreements.

---
identifier: "/us/cfr/t46/s535.402"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "46 CFR § 535.402 - Complete and definite agreements."
title_number: 46
title_name: "Shipping"
section_number: "535.402"
section_name: "Complete and definite agreements."
chapter_name: "FEDERAL MARITIME COMMISSION"
subchapter_number: "B"
subchapter_name: "REGULATIONS AFFECTING OCEAN SHIPPING IN FOREIGN COMMERCE"
part_number: "535"
part_name: "OCEAN COMMON CARRIER AND MARINE TERMINAL OPERATOR AGREEMENTS SUBJECT TO THE SHIPPING ACT OF 1984"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 553; 46 U.S.C., 40101-40104, 40301-40307, 40501-40503, 40901-40904, 41101-41109, 41301-41302, and 41305-41307, 46105."
regulatory_source: "69 FR 64414, Nov. 4, 2004, unless otherwise noted."
cfr_part: "535"
---


# 535.402 Complete and definite agreements.

An agreement filed under the Act must be clear and definite in its terms, must embody the complete, present understanding of the parties, and must set forth the specific authorities and conditions under which the parties to the agreement will conduct their operations and regulate the relationships among the agreement members, unless those details are matters specifically enumerated as exempt from the filing requirements of this part.