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46 U.S.C. § 60109 — Duty to transport money and securities of the United States Government

submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 134 words · no verdicts yet

in plain englishAI-generated · not legal advice

Certain U.S.-owned vessels must carry government money and securities when a government agent asks. This applies to voyages between U.S. ports or between the U.S. and a foreign port. The vessel must deliver the items safely and gets paid like other carriers would be.

Before it can get clearance, a vessel owned by a U.S. citizen must accept certain items onto the ship if a government agency, consular officer, or other government agent offers them. This applies when the vessel is heading from a U.S. port to another U.S. port or to a foreign port, or from a foreign port to a U.S. port. The items covered are bullion, coin, notes, bonds, or other securities belonging to the U.S. government. The vessel must carry these items securely and deliver them promptly to the right authorities or recipients once it reaches its destination port. In exchange, the vessel must be paid — at the same rate normally paid to other carriers doing this kind of work.

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

Before being given clearance, a vessel owned by a citizen of the United States and bound on a voyage from a port in the United States to another port in the United States or in a foreign country, or on a voyage from a port in a foreign country to a port in the United States, shall receive on board any bullion, coin, notes, bonds, or other securities of the United States Government that an agency, consular officer, or other agent of the Government offers. The vessel shall transport the items securely and deliver them promptly to the proper authorities or consignees on arriving at the port of destination. Compensation shall be paid for services provided under this section that is equal to compensation paid to other carriers in the ordinary transaction of business.

Source credit: (Pub. L. 109–304, § 9(b), Oct. 6, 2006, 120 Stat. 1676.)

history & why it existsrecord from the source credit
  • 2006Enacted · Pub. L. 109-304 · 120 Stat. 1676

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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