46 U.S.C. § 53908 — Additional insurance privately obtained
submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 47 words · no verdicts yet
This section sets rules about Additional insurance privately obtained. It states the authorities, requirements, exceptions, and other rules described in the section.
With the approval of the Secretary of Transportation, a person having an insurable interest in a vessel* may obtain insurance on the vessel with other underwriting agents in addition to the insurance with the Secretary. The Secretary is not entitled to the benefit of the additional insurance.
With the approval of the Secretary of Transportation, a person having an insurable interest in a vessel* may obtain insurance on the vessel with other underwriting agents in addition to the insurance with the Secretary. The Secretary is not entitled to the benefit of the additional insurance.
Source credit: (Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1630.)
- 2006Enacted · Pub. L. 109-304 · 120 Stat. 1630
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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