FEDERAL · 46 U.S.C. · Chapter SUBCHAPTER II—CHARTERS
Performance bond
46 U.S.C. § 57518
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ChapterSUBCHAPTER II—CHARTERS
This text of 46 U.S.C. § 57518 (Performance bond) 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. § 57518.
Text
The Secretary of Transportation shall require a charterer of a vessel of the Secretary to deposit with the Secretary an undertaking, with approved sureties, in such amount as the Secretary may require as security for the faithful performance of the terms of the charter, including indemnity against liens on the chartered vessel.
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Source Credit
History
(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1667.)
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Bluebook (online)
46 U.S.C. § 57518, Counsel Stack Legal Research, https://law.counselstack.com/usc/46/57518.