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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 46 U.S.C. § 53905 Agency insurance us united_states_code code_section 46 SHIPPING 539 WAR RISK INSURANCE 53905 46 U.S.C. § 53905 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc46@119-100.zip /us/usc/t46/s53905 data/legal/raw/us/code/title-46/usc46.xml b3863a3770c944cd06521d56b0b832708fd68877a953210a363e2e76379dfc83 eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f fbe4d9dd6dbd0cc463fe42d3a35520ddafa1fc8bf0662fa1442558b511b2eaab 2026-07-04 official
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46 U.S.C. § 53905 - Agency insurance

Text

(a) In General.— With the approval of the President, an agency of the United States Government may obtain insurance provided for by this chapter from the Secretary of Transportation, except as provided in sections 17302 and 17303 of title 40.

(b) Premium Waivers.— With the approval of the President, the Secretary of Transportation may provide insurance under this chapter at the request of the Secretary of Defense and other agencies the President may prescribe, without payment of an insurance premium if the Secretary of Defense or agency agrees to indemnify the Secretary of Transportation against loss covered by the insurance. The Secretary of Defense and agencies may make such an indemnity agreement.

(c) Presidential Approval.— The signature of the President (or an official designated by the President) on the agreement shall be treated as the approval required by section 53902(a) of this title.

(Pub. L. 109304, § 8(c), Oct. 6, 2006, 120 Stat. 1628.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 5390546 App.:1285.June 29, 1936, ch. 858, title XII, § 1205, as added Sept. 7, 1950, ch. 906, 64 Stat. 774; Pub. L. 105261, div. A, title X, § 1071(a), Oct. 17, 1998, 112 Stat. 2137.