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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. § 57302 Authority to acquire vessels us united_states_code code_section 46 SHIPPING 573 VESSEL TRADE-IN PROGRAM 57302 46 U.S.C. § 57302 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/s57302 data/legal/raw/us/code/title-46/usc46.xml b5191c08e9d49dfc7b41980de76d67940a93a7c45741c69d1bc93072010376a4 eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f 8c8ad521d73d5a42f688412691b2b98a1a310866844854e1673eb884ee501f20 2026-07-04 official
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46 U.S.C. § 57302 - Authority to acquire vessels

Text

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. 109304, § 8(c), Oct. 6, 2006, 120 Stat. 1662.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 5730246 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. 87401, subdiv. (1), Oct. 5, 1961, 75 Stat. 833; Pub. L. 91469, § 35(a), Oct. 21, 1970, 84 Stat. 1035; Pub. L. 9731, § 12(91), Aug. 6, 1981, 95 Stat. 161. The words “toward the cost of construction or purchase of a new vessel” are added for clarity. The text of 46 App. U.S.C. 1160(b) (last sentence) is omitted as obsolete.