46 U.S.C. § 30529 — Action by owner for limitation
submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 204 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The owner* of a vessel* may bring a civil action in a district court of the United States for limitation of liability under this chapter. The action must be brought within 6 months after a claimant gives the owner written notice of a claim.
When the action is brought, the owner (at the owner’s option) shall—
deposit with the court, for the benefit of claimants—
an amount equal to the value of the owner’s interest in the vessel and pending freight, or approved security; and
an amount, or approved security, that the court may fix from time to time as necessary to carry out this chapter; or
transfer to a trustee appointed by the court, for the benefit of claimants—
the owner’s interest in the vessel and pending freight; and
an amount, or approved security, that the court may fix from time to time as necessary to carry out this chapter.
When an action has been brought under this section and the owner has complied with subsection (b), all claims and proceedings against the owner related to the matter in question shall cease.
Source credit: (Pub. L. 109–304, § 6(c), Oct. 6, 2006, 120 Stat. 1515, § 30511; renumbered § 30529, Pub. L. 117–263, div. K, title CXV, § 11503(a)(3), Dec. 23, 2022, 136 Stat. 4130.)
- 2006Enacted · Pub. L. 109-304 · 120 Stat. 1515
- 2022Amended · Pub. L. 117-263 · 136 Stat. 4130
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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