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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. § 57518 Performance bond us united_states_code code_section 46 SHIPPING 575 CONSTRUCTION, CHARTER, AND SALE OF VESSELS 57518 46 U.S.C. § 57518 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/s57518 data/legal/raw/us/code/title-46/usc46.xml 2f0ad93920c8dee03583a07325e3185c00beebd5e02eade5ddacc1b06d987c7d eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f 5b5cca85c4bf2d4f5c6a7817d48a52fdbd8ac1009537fc8a7090d4d12be5a674 2026-07-04 official
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46 U.S.C. § 57518 - Performance bond

Text

The Secretary of Transportation shall require a charterer of a vessel of the Secretary to deposit with the Secretary an undertaking, with approved sureties, in such amount as the Secretary may require as security for the faithful performance of the terms of the charter, including indemnity against liens on the chartered vessel.

(Pub. L. 109304, § 8(c), Oct. 6, 2006, 120 Stat. 1667.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 5751846 App.:1200.June 29, 1936, ch. 858, title VII, § 710, 49 Stat. 2010; Pub. L. 9731, § 12(112), Aug. 6, 1981, 95 Stat. 163.