46 U.S.C. § 502 — Cargo exempt from forfeiture

submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 51 words · no verdicts yet

in plain englishAI-generated · not legal advice

Cargo on a vessel can't be forfeited to the government under this title in two situations. First, if someone other than the vessel's owner, master, or a crew member owns the cargo honestly. Second, if customs duties on it have already been paid or guaranteed as the law requires.

Cargo carried on a vessel is protected from forfeiture under this title if both of these are true: (1) the cargo is honestly owned by someone who is not the vessel's owner, master, or a crew member; and (2) the customs duties owed on the cargo have already been paid, or arrangements have been made to secure their payment, as the law requires.

the actual law source: uscode.house.gov ↗public domain

Cargo on a vessel is exempt from forfeiture under this title if—

(1)

the cargo is owned in good faith by a person not the owner, master, or crewmember of the vessel; and

(2)

the customs duties on the cargo have been paid or secured for payment as provided by law.

Source credit: (Pub. L. 109–304, § 4, Oct. 6, 2006, 120 Stat. 1490.)

history & why it existsrecord from the source credit

2006Enacted · Pub. L. 109-304 · 120 Stat. 1490

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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