Shipping - 46 USC Appendix Section 189
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01/19/04 Sec. 189. Limitation of liability of owners of vessels for debts
The individual liability of a shipowner shall be limited to the proportion of any or all debts and liabilities that his individual share of the vessel bears to the whole; and the aggregate liabilities of all the owners of a vessel on account of the same shall not exceed the value of such vessels and freight pending: Provided, That this provision shall not prevent any claimant from joining all the owners in one action; nor shall the same apply to wages due to persons employed by said shipowners.
Last modified: April 20, 2006
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