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46 U.S.C. § 30914Release of privately owned vessel after arrest or attachment

submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 113 words · no verdicts yet

in plain englishAI-generated · not legal advice

If a now-privately-owned vessel is arrested over a claim tied to its prior U.S. ownership, it must be released without bond once the Attorney General says the U.S. will cover any judgment. The lawsuit then continues against the United States instead.

Suppose a privately owned vessel — no longer held by the United States or a federally-owned corporation — gets arrested or attached in a lawsuit, because the U.S. or the corporation used to own, possess, or operate it. In that case, the vessel must be released, without needing a bond or stipulation, once the United States — through the Attorney General or another authorized official — states that: it's interested in the case, it wants the vessel released, and it will pay any judgment the plaintiff wins. After that release, the lawsuit continues against the United States under the rules of this chapter.
the actual law source: uscode.house.gov ↗public domain

If a privately owned vessel not in the possession of the United States or a federally-owned corporation is arrested or attached in a civil action arising or alleged to have arisen from prior ownership, possession, or operation by the United States or corporation, the vessel shall be released without bond or stipulation on a statement by the United States, through the Attorney General or other authorized law officer, that the United States is interested in the action, desires release of the vessel, and assumes liability for the satisfaction of any judgment obtained by the plaintiff. After the vessel is released, the action shall proceed against the United States in accordance with this chapter.

Source credit: (Pub. L. 109–304, § 6(c), Oct. 6, 2006, 120 Stat. 1519.)

history & why it existsrecord from the source credit
  • 2006Enacted · Pub. L. 109-304 · 120 Stat. 1519

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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