Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · U.S. Code · Title 46 - SHIPPING · CHAPTER 534— TANKER SECURITY FLEET · § 53403

§ 53403. Award of operating agreements

344 words·~2 min read·/usc/title-46/section-53403

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

(a)In General.— The Secretary of Transportation shall require, as a condition of including any vessel in the Fleet, that the program participant of the vessel enter into an operating agreement with the Secretary under this section.
(b)Procedure for Applications.—
(1)Eligible vessels.— The Secretary of Transportation shall accept an application for an operating agreement for an eligible product tank vessel under the priority under paragraph
(2)only from a person that has authority to enter into an operating agreement under this chapter.
(2)Establishment of priority.— The Secretary of Transportation may enter into a new operating agreement with an applicant that meets the requirements of section 53402(c) for a vessel that meets the qualifications of section 53402(b), and shall give priority to applications based on—
(A)vessel capabilities, as established by the Secretary of Defense; then
(B)after consideration of vessel type, according to an applicant’s record of owning and operating vessels; then
(C)after consideration of ownership and operation, according to such additional priorities as the Secretary of Transportation may consider appropriate.
(3)Concurrence of award.— The Secretary of Transportation may not approve an application for an operating agreement without the concurrence of the Secretary of Defense.
(c)Limitation.— The Secretary of Transportation may not award operating agreements under this chapter that require payments under section 53406 of this title for more than—.1
(1)for each of fiscal years 2022 and 2023, 10 vessels; and
(2)for any subsequent fiscal year, 20 vessels.
(d)Judicial Review.— No court shall have jurisdiction to review the Secretary’s decision with respect to the award or non-award of an operating agreement issued under this chapter.
(Added Pub. L. 116–283, div. C, title XXXV, § 3511(a), Jan. 1, 2021, 134 Stat. 4412; amended Pub. L. 117–263, div. C, title XXXV, § 3501(b)(2), Dec. 23, 2022, 136 Stat. 3064.)
Connections9 cite this · traces to 3
3 references not yet in our index
  • 1
  • 134 Stat. 4412
  • 136 Stat. 3064
Citation graph
cites case law
§ 53403
Award of operating agreements
Fed. Reg.×6
Pub. L.×1
Stat. Comp.×1
Stat.×1
Cite1
Stat.134 Stat. 4412
Stat.136 Stat. 3064
Cites 6Cited by 9 across 4 sources
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.