315. You are the person in charge of a vessel involved in a marine casualty. You must notify the nearest Coast Guard Marine Inspection Office if the property damage is in excess of which amount?

According to legacy regulations, a person in charge of a vessel involved in a marine casualty must notify the nearest Coast Guard Marine Inspection Office if property damage exceeds $25,000. Note that current regulations may have a different threshold, but exam questions often reference the older $25,000 figure.