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Code · U.S. Code · Title 46 - SHIPPING · CHAPTER 533— CONSTRUCTION RESERVE FUNDS · § 53303

§ 53303. Persons eligible to establish funds

169 words·~1 min read·/usc/title-46/section-53303

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1587.)
Connections1 cite this
2 references not yet in our index
  • Pub. L. 109–304, § 8(c)
  • 120 Stat. 1587
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cites case law
§ 53303
Persons eligible to establish funds
U.S.C.×1
Pub. L.Pub. L. 109–304, § 8(c)
Stat.120 Stat. 1587
Cites 2Cited by 1 across 1 source
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