§ 57102. Disposition of vessels
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/usc/title-46/section-57102A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In General.— If the Secretary of Transportation determines that a vessel is an obsolete vessel, the Secretary may dispose of such vessel (by sale or by purchase of disposal services).
(b)Selling Procedure.— The sale of a vessel under subsection
(a)shall be made on a best value basis. The purchaser does not have to be a citizen of the United States. The purchaser shall provide a surety bond, with a surety approved by the Secretary, to ensure that the vessel will not be operated in the foreign trade of the United States at any time within 10 years after the sale, in competition with a vessel owned by a citizen of the United States and documented under the laws of the United States.
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1658; Pub. L. 118–31, div. C, title XXXV, § 3514(j)(4), Dec. 22, 2023, 137 Stat. 811.)
In subsection (a), the words “vessel owned by the Maritime Administration” are substituted for “vessel transferred to the Maritime Administration of the Department of Transportation by section 1112 of this Appendix, or hereafter acquired” to eliminate unnecessary words.
In subsection (b), the words “The sale of a vessel under section
(a)shall be made on the basis of competitive sealed bids, after an appraisal and due advertisement. The purchaser does not have to be a citizen of the United States.” are substituted for “after appraisement and due advertisement, and upon competitive sealed bids, either to citizens of the United States or to aliens” for clarity. The words “provide a surety bond, with a surety approved by the Secretary, to ensure that” are substituted for “enter into an undertaking with sureties approved by the Secretary of Transportation that” for clarity.
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- Public Law 110–417To authorize appropriations for fiscal year 2009 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes
- Public Law 110–181To provide for the enactment of the National Defense Authorization Act for Fiscal Year 2008, as previously enrolled, with certain modifications to address the foreign sovereign immunities provisions of title 28, United States Code, with respect to the attachment of property in certain judgments agai
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- Pub. L. 109–304, § 8(c)
- 120 Stat. 1658
- 137 Stat. 811
- Pub. L. 110–417, div. C, title XXXV, § 3502
- 122 Stat. 4761
- Pub. L. 110–181, div. C, title XXXV, § 3503
- 122 Stat. 592
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§ 57102
Disposition of vessels
Stat.×2
Pub. L.Pub. L. 109–304, § 8(c)
Stat.120 Stat. 1658
Stat.137 Stat. 811
Pub. L.Pub. L. 110–417, div. C, title XXXV, § 3502
Stat.122 Stat. 4761
Cites 8 · showing 6Cited by 2 across 1 source