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46 U.S.C. § 53305Eligible fund deposits

submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 53 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

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

A construction reserve fund may include deposits of—

(1)

the proceeds from the sale of a vessel;

(2)

indemnities for the loss of a vessel;

(3)

earnings from the operation of a documented vessel and from services incident to the operation; and

(4)

interest or other amounts accrued on deposits in the fund.

Source credit: (Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1588.)

history & why it existsrecord from the source credit
  • 2006Enacted · Pub. L. 109-304 · 120 Stat. 1588

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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