§ 53503. Establishing a capital construction fund
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/usc/title-46/section-53503A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In General.— A citizen of the United States owning or leasing an eligible vessel may make an agreement with the Secretary under this chapter to establish a capital construction fund for the vessel.
(b)Allowable Purpose.— The purpose of the agreement shall be to provide replacement vessels, additional vessels, or reconstructed vessels, built in the United States and documented under the laws of the United States, for operation in the foreign or domestic trade of the United States or in the fisheries of the United States.
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1593; Pub. L. 110–140, title XI, § 1122(b), Dec. 19, 2007, 121 Stat. 1762; Pub. L. 117–263, div. C, title XXXV, § 3545, Dec. 23, 2022, 136 Stat. 3100.)
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Cited by 5 sections · top 3
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7 references not yet in our index
- Pub. L. 109–304, § 8(c)
- 120 Stat. 1593
- Pub. L. 110–140, title XI, § 1122(b)
- 121 Stat. 1762
- 136 Stat. 3100
- Pub. L. 110–140
- section 1601 of Pub. L. 110–140
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§ 53503
Establishing a capital construction fund
Fed. Reg.×4
U.S.C.×1
Pub. L.Pub. L. 109–304, § 8(c)
Stat.120 Stat. 1593
Pub. L.Pub. L. 110–140, title XI, § 1122(b)
Stat.121 Stat. 1762
Stat.136 Stat. 3100
Cites 9 · showing 7Cited by 5 across 2 sources