46 U.S.C. § 30525 — Apportionment of losses
submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 76 words · no verdicts yet
This section addresses apportionment of losses. It sets out the definitions, duties, limits, exceptions, or procedures stated in the explanation.
If the amounts determined under sections 30523 and 30524 of this title are insufficient to pay all claims — (1) all claimants must be paid in proportion to their respective losses out of the amount determined under section 30523 of this title; and (2) personal injury and death claimants, if any, must be paid an additional amount in proportion to their respective losses out of the additional amount determined under section 30524(b) of this title.
If the amounts determined under sections 30523 and 30524 of this title are insufficient to pay all claims—
all claimants shall be paid in proportion to their respective losses out of the amount determined under section 30523 of this title; and
personal injury and death claimants, if any, shall be paid an additional amount in proportion to their respective losses out of the additional amount determined under section 30524(b) of this title.
Source credit: (Pub. L. 109–304, § 6(c), Oct. 6, 2006, 120 Stat. 1513, § 30507; renumbered § 30525 and amended Pub. L. 117–263, div. K, title CXV, § 11503(a)(3), (f)(4), Dec. 23, 2022, 136 Stat. 4130, 4131.)
- 2006Enacted · Pub. L. 109-304 · 120 Stat. 1513
- 2022Amended · Pub. L. 117-263 · 136 Stat. 4130, 4131
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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