46 U.S.C. § 53303 — Persons eligible to establish funds

FEDERAL · 46 U.S.C. · Chapter 533

Persons eligible to establish funds

Current through Pub. L. 119-102

Title 46 — Shipping·Ch. 533 — CONSTRUCTION RESERVE FUNDS

A construction reserve fund may be established by a citizen of the United States that—

(1)is operating a vessel in the foreign or domestic commerce of the United States or in the fisheries;

(2)owns, in whole or in part, a vessel being operated in the foreign or domestic commerce of the United States or in the fisheries;

(3)was operating a vessel in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the United States Government;

(4)owned, in whole or in part, a vessel being operated in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the Government; or

(5)had acquired or was having constructed a vessel to operate in the foreign or domestic commerce of the United

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A construction reserve fund may be established by a citizen of the United States that—
(1) is operating a vessel in the foreign or domestic commerce of the United States or in the fisheries;
(2) owns, in whole or in part, a vessel being operated in the foreign or domestic commerce of the United States or in the fisheries;
(3) was operating a vessel in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the United States Government;
(4) owned, in whole or in part, a vessel being operated in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the Government; or
(5) had acquired or was having constructed a vessel to operate in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the Government.

46 U.S.C. § 53303 (Persons eligible to establish funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

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