When a vessel requisitioned for use but not ownership is returned to the owner, the Secretary of Transportation shall—
(1) return the vessel in a condition at least as good as when taken, less ordinary wear and tear; or
(2) pay the owner an amount sufficient to recondition the vessel to that condition, less ordinary wear and tear.
(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1656.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
56307 | 46 App.:1242(a) (4th sentence). | June 29, 1936, ch. 858, title IX, §902(a) (4th sentence), 49 Stat. 2015; Pub. L. 97–31, §12(131), Aug. 6, 1981, 95 Stat. 165. |
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Last modified: October 26, 2015