FEDERAL · 46 U.S.C. · Chapter 533

Authority for construction reserve funds

46 U.S.C. § 53302
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Chapter533 — CONSTRUCTION RESERVE FUNDS

This text of 46 U.S.C. § 53302 (Authority for construction reserve funds) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
46 U.S.C. § 53302.

Text

(a)General Authority.—An eligible person under section 53303 of this title may establish a construction reserve fund for the construction, reconstruction, reconditioning, or acquisition of a new vessel or for other purposes authorized by this chapter.
(b)Application of Certain Laws and Regulations.—The fund shall be established, maintained, expended, and used as provided by this chapter and regulations prescribed jointly by the Secretary of Transportation and the Secretary of the Treasury.

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Related

§ 53303
46 U.S.C. § 53303

Source Credit

History

(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1587.)

Editorial Notes

In subsection (a), the words "necessary to carrying out the policy set forth in section 1101 of this Appendix" are omitted as unnecessary.

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Bluebook (online)
46 U.S.C. § 53302, Counsel Stack Legal Research, https://law.counselstack.com/usc/46/53302.