46 U.S.C. § 12107 — Wrecked vessels
submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 86 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
A vessel* is a wrecked vessel under this chapter if it—
was wrecked on a coast of the United States or adjacent waters; and
has undergone repairs in a shipyard in the United States equal to at least 3 times the appraised salvage value of the vessel.
The Secretary may appoint a board of three appraisers to determine whether a vessel satisfies subsection (a)(2). The costs of the appraisal shall be paid by the owner of the vessel.
Source credit: (Pub. L. 109–304, § 5, Oct. 6, 2006, 120 Stat. 1494.)
- 2006Enacted · Pub. L. 109-304 · 120 Stat. 1494
A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-304 on 2006-10-06.
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