46 U.S.C. § 56103 — Conditional approvals

FEDERAL · 46 U.S.C. · Chapter 561

Conditional approvals

Current through Pub. L. 119-102

Title 46 — Shipping·Ch. 561 — RESTRICTIONS ON TRANSFERS

(a)In General.—In approving an act or transaction under section 56101 or 56102 of this title, the Secretary of Transportation may do so absolutely or upon conditions the Secretary considers advisable. The Secretary shall state the conditions in the notice of approval.

(b)Violations.—A violation of a condition of approval is subject to the same penalties as a violation resulting from an act done without the required approval. The violation occurs at the time the condition is violated.

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(a) In General.—In approving an act or transaction under section 56101 or 56102 of this title, the Secretary of Transportation may do so absolutely or upon conditions the Secretary considers advisable. The Secretary shall state the conditions in the notice of approval.
(b) Violations.—A violation of a condition of approval is subject to the same penalties as a violation resulting from an act done without the required approval. The violation occurs at the time the condition is violated.

46 U.S.C. § 56103 (Conditional approvals) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1654.)

Editorial Notes

This section is substituted for the source provision to eliminate unnecessary words.

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Source Credit

History

Editorial Notes