AB to Mate question, and a couple of others

jdcavo said:
You won’t “have” a Master 100 license Ii.e. the words are in your MMC), but you can serve as the master on a vessel less than 100 gross tons without having the master 100 exam. You don’t get the master 100 on your MMC just by having a license as mate that’s good for over 200 gross tons, even in 46 CXFR Part 15 lets you serve as Master on a vessel that’s less than 100 gross tons.[/QUOTE]

Okay… So even though it doesn’t say it on the ticket, he would still be able to run boats up to 100 GRT without further examination, correct?