EDUCATIONAL VESSEL.

SEC. 8435. EDUCATIONAL VESSEL. (a) In General.—Notwithstanding section 12112(a)(2) of title 46, United States Code, the Secretary of the department in which the Coast Guard is operating may issue a certificate of documentation with a coastwise endorsement for the vessel Oliver Hazard Perry (IMO number 8775560; United States official number 1257224). (b) Termination of Effectiveness of Endorsement.—The coastwise endorsement authorized under subsection (a) for the vessel Oliver Hazard Perry (IMO number 8775560; United States official number 1257224) shall expire on the first date on which any of the following occurs: (1) The vessel is sold to a person, including an entity, that is not related by ownership or control to the person, including an entity, that owned the vessel on the date of the enactment of this Act. (2) The vessel is rebuilt and not rebuilt in the United States (as defined in section 12101(a) of title 46, United States Code). (3) The vessel is no longer operating in primary service as a sailing school vessel.