FEDERAL · 46 U.S.C. · Chapter 573
Authority to acquire vessels
46 U.S.C. § 57302
Title46 — Shipping
Chapter573 — VESSEL TRADE-IN PROGRAM
This text of 46 U.S.C. § 57302 (Authority to acquire vessels) 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. § 57302.
Text
To promote the construction of new, safe, and efficient vessels to carry the domestic and foreign waterborne commerce of the United States, the Secretary of Transportation may acquire an obsolete vessel in exchange for an allowance of credit toward the cost of construction or purchase of a new vessel as provided in this chapter.
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Source Credit
History
(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1662.)
Editorial Notes
The words "toward the cost of construction or purchase of a new vessel" are added for clarity. The text of 46 App. U.S.C. 1160(b) (last sentence) is omitted as obsolete.
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Bluebook (online)
46 U.S.C. § 57302, Counsel Stack Legal Research, https://law.counselstack.com/usc/46/57302.