((a)) A vessel may be operated only if the vessel has been assigned load lines.

((b)) The owner, charterer, managing operator, agent, master, and individual in charge of a vessel shall mark and maintain the load lines permanently and conspicuously in the way prescribed by the Secretary.

((c)) A fishing vessel built on or before , that undergoes a major conversion completed after the later of , or the date the Secretary establishes standards for an alternate loadline compliance program, shall comply with such an alternative loadline compliance program that is developed in cooperation with the commercial fishing industry and prescribed by the Secretary.