46 U.S.C. § 31330 — Penalties
submitted 38 years ago by Pub. L. 100-710 to r/title-46-SHIPPING · 260 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
A mortgagor shall be fined under title 18, imprisoned for not more than 2 years, or both, if the mortgagor—
with intent to defraud, does not disclose an obligation on a vessel* as required by section 31323(a) of this title;
with intent to defraud, incurs a contractual obligation in violation of section 31323(b) of this title; or
with intent to hinder or defraud an existing or future creditor of the mortgagor or a lienor of the vessel, files a mortgage with the Secretary.
A mortgagor is liable to the United States Government for a civil penalty of not more than $10,000 if the mortgagor—
does not disclose an obligation on a vessel as required by section 31323(a) of this title;
incurs a contractual obligation in violation of section 31323(b) of this title; or
files with the Secretary a mortgage made not in good faith.
A person that knowingly violates section 31329 of this title shall be fined under title 18, imprisoned for not more than 3 years, or both.
A person violating section 31329 of this title is liable to the Government for a civil penalty of not more than $25,000.
A vessel involved in a violation under section 31329 of this title and its equipment may be seized by, and forfeited to, the Government.
If a person not an individual violates this section, the president or chief executive of the person also is subject to any penalty provided under this section.
Source credit: (Pub. L. 100–710, title I, § 102(c), Nov. 23, 1988, 102 Stat. 4747; Pub. L. 104–324, title XI, § 1113(b)(2), Oct. 19, 1996, 110 Stat. 3970; Pub. L. 111–281, title IX, § 913(a)(1), (d), Oct. 15, 2010, 124 Stat. 3017.)
- 1988Enacted · Pub. L. 100-710 · 102 Stat. 4747
- 1996Amended · Pub. L. 104-324 · 110 Stat. 3970
- 2010Amended · Pub. L. 111-281 · 124 Stat. 3017
A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-710 on 1988-11-23.
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