46 U.S.C. § 56302 — Charter terms
submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 119 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
If a vessel* is requisitioned for use but not ownership under this chapter, the Secretary of Transportation, at the time of requisition or as soon thereafter as the situation allows, shall offer the person entitled to possession of the vessel a charter containing—
the terms the Secretary believes should govern the relationship between the United States Government and the person; and
the rate of hire the Secretary considers just compensation for the use of the vessel and the services required under the charter.
If the person does not accept the charter and rate of hire, the parties shall proceed as provided in section 56304 of this title.
Source credit: (Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1654.)
- 2006Enacted · Pub. L. 109-304 · 120 Stat. 1654
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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