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Fishermen's Guaranty Fund

Fishermen's Guaranty Fund
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OBJECTIVES
        To provide for reimbursement of losses incurred as a result of the seizure of a U.S. commercial fishing vessel by a foreign country on the basis of rights or claims in territorial waters or on the high seas, which are not recognized by the United States. Effective November 28, 1990, the United States acknowledges the authority of coastal States to manage highly migratory species, thus reducing the basis for valid claims under the Fishermen's Protective Act.

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Fishermen's Guaranty Fund

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