To promote the construction of new, safe, and efficient vessels to carry the domestic and foreign waterborne commerce of the United States, the Secretary of Transportation may acquire an obsolete vessel in exchange for an allowance of credit toward the cost of construction or purchase of a new vessel as provided in this chapter.
(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1662.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 57302 | 46 App.:1160(b) (1st, last sentences). | June 29, 1936, ch. 858, title V, §510(b) (1st, last sentences), as added Aug. 4, 1939, ch. 417, §7, 53 Stat. 1184; Pub. L. 87–401, subdiv. (1), Oct. 5, 1961, 75 Stat. 833; Pub. L. 91–469, §35(a), Oct. 21, 1970, 84 Stat. 1035; Pub. L. 97–31, §12(91), Aug. 6, 1981, 95 Stat. 161. |
Sections: Previous 57104 57105 57106 57107 57108 57109 57301 57302 57303 57304 57305 57306 57307 57308 57501 Next
Last modified: October 26, 2015