46 U.S.C. § 58103 — Employing another person as managing or operating agent

FEDERAL · 46 U.S.C. · Chapter 581

Employing another person as managing or operating agent

Current through Pub. L. 119-102

Title 46 — Shipping·Ch. 581 — RESTRICTIONS AND PENALTIES

(a)Prohibition.—Except with the written consent of the Secretary of Transportation, a contractor holding a contract under the operating-differential subsidy program or under chapter 575 of this title may not—

(1)employ another person as the managing or operating agent of the operator; or

(2)charter a vessel, on which an operating-differential subsidy is to be paid, for operation by another person.

(b)Applicability of Provisions to Charterer.—If a charter prohibited by this section is made, the person operating the chartered vessel is subject to all the provisions of this subtitle and the operating-differential subsidy program, including limitations of profits and salaries.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Prohibition.—Except with the written consent of the Secretary of Transportation, a contractor holding a contract under the operating-differential subsidy program or under chapter 575 of this title may not—
(1) employ another person as the managing or operating agent of the operator; or
(2) charter a vessel, on which an operating-differential subsidy is to be paid, for operation by another person.
(b) Applicability of Provisions to Charterer.—If a charter prohibited by this section is made, the person operating the chartered vessel is subject to all the provisions of this subtitle and the operating-differential subsidy program, including limitations of profits and salaries.

46 U.S.C. § 58103 (Employing another person as managing or operating agent) — 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. 1671.)

Editorial Notes

In subsection (a), the words "contractor holding a contract under the operating-differential subsidy program or under chapter 575 of this title" are substituted for "contractor holding a contract authorized under part A of subchapter VI or VII of this chapter" for the reasons explained under section 58101.