{"identifier":"/us/usc/t46/s40903","title":46,"num":"\u00a7\u202f40903.","heading":"Suspension or revocation of license","text":"\u00a7\u202f40903.\nSuspension or revocation of license\n(a)\nFailure To Maintain Qualifications or To Comply.\u2014\nThe Federal Maritime Commission, after notice and opportunity for a hearing, shall suspend or revoke an ocean transportation intermediary\u2019s license if the Commission finds that the ocean transportation intermediary\u2014\n(1) is not qualified to provide intermediary services; or\n(2) willfully failed to comply with a provision of this part or with an order or regulation of the Commission.\n(b)\nFailure To Maintain Bond, Proof of Insurance, or Other Surety.\u2014\nThe Commission may revoke an ocean transportation intermediary\u2019s license for failure to maintain a bond, proof of insurance, or other surety as required by\nsection 40902(a) of this title","url":"https://projectusc.org/usc/t46/s40903.html","content":[{"t":"sec","id":"/us/usc/t46/s40903","children":[{"t":"num","text":"\u00a7\u202f40903."},{"t":"heading","text":"Suspension or revocation of license"},{"t":"subsec","id":"/us/usc/t46/s40903/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"Failure To Maintain Qualifications or To Comply.\u2014"},{"t":"chapeau","text":"The Federal Maritime Commission, after notice and opportunity for a hearing, shall suspend or revoke an ocean transportation intermediary\u2019s license if the Commission finds that the ocean transportation intermediary\u2014"},{"t":"para","id":"/us/usc/t46/s40903/a/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" is not qualified to provide intermediary services; or","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t46/s40903/a/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" willfully failed to comply with a provision of this part or with an order or regulation of the Commission.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t46/s40903/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Failure To Maintain Bond, Proof of Insurance, or Other Surety.\u2014"},{"t":"content","text":"The Commission may revoke an ocean transportation intermediary\u2019s license for failure to maintain a bond, proof of insurance, or other surety as required by ","children":[{"t":"ref","text":"section 40902(a) of this title","href":"/us/usc/t46/s40902/a","tail":"."}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}