Eric sharing expenses does not make you a charter vessel!

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Posted by Chris on March 07, 2007 at 20:25:08:

In Reply to: Personal boats and liability posted by Eric S on March 06, 2007 at 18:50:40:

See the link below for the Coast Guard document.

CARRYING PASSENGERS FOR HIRE: The carriage of any person or persons by a vessel for a valuable consideration whether directly or indirectly flowing to the owner, charterer, operator, agent or any other person interested in the vessel.

CONSIDERATION: Means an economic benefit, inducement, right or profit including pecuniary payment accruing, to an individual, person or entity, but not including a voluntary sharing of actual expenses of the voyage, by monetary contribution or donation of fuel, food, beverage or other supplies.

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