Commercial Fishing Operation ( Bankruptcy) Law and Legal Definition

According to the Federal Bankruptcy Code 11 USCS § 101 [Title 11. Bankruptcy; Chapter 1. General provisions], the term commercial fishing operation means--

(A) the catching or harvesting of fish, shrimp, lobsters, urchins, seaweed, shellfish, or other aquatic species or products of such species; or

(B) for purposes of section 109 [11 USCS § 109] and chapter 12 [11 USCS §§ 1201 et seq.], aquaculture activities consisting of raising for market any species or product described in subparagraph (A).