§ 55304. Exports financed by the United States Government

168 words·~1 min read·/usc/title-46/section-55304

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

It is the sense of Congress that any loans made by an instrumentality of the United States Government to foster the exporting of agricultural or other products shall provide that the products may be transported only on vessels of the United States unless, as to any or all of those products, the Secretary of Transportation, after investigation, certifies to the instrumentality that vessels of the United States are not available in sufficient number, in sufficient tonnage capacity, on necessary schedules, or at reasonable rates.

(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1642.)

This section codifies the Joint Resolution of March 26, 1934 (ch. 90, 48 Stat. 500) (also commonly known as Public Resolution 17). The codification of this provision is not intended to change its status as a “Sense of Congress” provision in any way. The words “Reconstruction Finance Corporation or” are omitted as obsolete because the Reconstruction Finance Corporation was abolished by section 6 of Reorganization Plan No. 1 of 1957 (5 App. U.S.C.).

Connections19 cite this

Cited by 19 sections · top 15

U.S. Code

3 references not yet in our index

Pub. L. 109–304, § 8(c)
120 Stat. 1642
48 Stat. 500

Citation graph

cites case law

§ 55304

Exports financed by the United States Government

Fed. Reg.×16

U.S.C.×3

Pub. L.Pub. L. 109–304, § 8(c)

Stat.120 Stat. 1642

Stat.48 Stat. 500

Cites 3Cited by 19 across 2 sources