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Lik,
Re:"charters are REQUIRED to have a liferaft" Where? The C.G. reg for OPUV don't require it. I don't think RI requires it. I know NY dosn't require it?
One piece of equipment which IMHO is even more important (at least for most of the boating season) is an EPIRB There are lot of thing besides rafts that can keep you afloat, but an EPIRB will get you saved!
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