46 U.S.C. § 50107 — Studies on marine insurance

FEDERAL · 46 U.S.C. · Chapter 501

Studies on marine insurance

Current through Pub. L. 119-102

Title 46 — Shipping·Ch. 501 — POLICY, STUDIES, AND REPORTS

The Secretary of Transportation shall—

(1)examine into the subject of marine insurance, the number of companies in the United States, domestic and foreign, engaging in marine insurance, the extent of the insurance on hulls and cargoes placed or written in the United States, and the extent of reinsurance of American maritime risks in foreign companies; and

(2)ascertain what steps may be necessary to develop an ample marine insurance system as an aid in the development of the merchant marine of the United States.

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The Secretary of Transportation shall—
(1) examine into the subject of marine insurance, the number of companies in the United States, domestic and foreign, engaging in marine insurance, the extent of the insurance on hulls and cargoes placed or written in the United States, and the extent of reinsurance of American maritime risks in foreign companies; and
(2) ascertain what steps may be necessary to develop an ample marine insurance system as an aid in the development of the merchant marine of the United States.

46 U.S.C. § 50107 (Studies on marine insurance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Pub. L. 109–304, §8(b), Oct. 6, 2006, 120 Stat. 1559.)