50 CFR § 296.14 - Subrogation.

---
identifier: "/us/cfr/t50/s296.14"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "50 CFR § 296.14 - Subrogation."
title_number: 50
title_name: "Wildlife and Fisheries"
section_number: "296.14"
section_name: "Subrogation."
chapter_name: "NATIONAL MARINE FISHERIES SERVICE, NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE"
subchapter_number: "K"
subchapter_name: "CONTINENTAL SHELF"
part_number: "296"
part_name: "FISHERMEN'S CONTINGENCY FUND"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Pub. L. 97-212 (43 U.S.C. 1841 )."
regulatory_source: "47 FR 49600, Nov. 1, 1982, unless otherwise noted."
cfr_part: "296"
---


# 296.14 Subrogation.

(a) The claim application will contain a subrogation statement signed by the claimant as a condition of payment of the claim which:

(1) Assigns to the Fund the claimant's rights against third parties; and

(2) Provides that the claimant will assist the Fund in any reasonable way to pursue those rights.

(b) Collection of subrogated rights. If a reasonable chance of successful collection exists, NMFS will refer any subrogated rights to the Justice Department for collection.

(c) Any moneys recovered through subrogation shall be deposited into the Fund.

[47 FR 49600, Nov. 1, 1982, as amended at 61 FR 6323, Feb. 20, 1996]