Oregon Statutes 776.600 – Restrictions on licensees or trainees financial interest in boat or equipment assisting vessel piloted by licensee or trainee
(1)(a) Except as provided in paragraph (b) of this subsection, a licensee or trainee may not pilot a vessel on the Coos Bay bar pilotage ground or the Yaquina Bay bar pilotage ground if the licensee or trainee, or an immediate family member of the licensee or trainee, has any financial interest in a boat or equipment assisting the vessel in entering or exiting the bay.
Terms Used In Oregon Statutes 776.600
- Board: means the Oregon Board of Maritime Pilots. See Oregon Statutes 776.015
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Licensee: means an individual licensed under ORS § 776. See Oregon Statutes 776.015
- to pilot: means the actions of a licensee or trainee in assisting the master of a vessel under ORS § 776. See Oregon Statutes 776.015
- Trainee: means a person the board has licensed under ORS § 776. See Oregon Statutes 776.015
(b) The Oregon Board of Maritime Pilots shall adopt rules allowing a licensee or trainee who is prohibited from piloting a vessel under paragraph (a) of this subsection to pilot the vessel in an emergency, and fixing rates for pilotage under this paragraph.
(2) This section does not prohibit a licensee or trainee from piloting a vessel if the licensee or trainee, or an immediate family member of the licensee or trainee, owns stock in a corporation registered on a national securities exchange that owns boats or equipment assisting ships on the Coos Bay bar pilotage ground or the Yaquina Bay bar pilotage ground. [2012 c.55 § 5]
BOARD OPERATIONS FEE