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2026-07-06 10:51:44 -04:00

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LegalText 46 U.S.C. § 31308 Secretary of Commerce or Transportation as mortgagee us united_states_code code_section 46 SHIPPING 313 COMMERCIAL INSTRUMENTS AND MARITIME LIENS 31308 46 U.S.C. § 31308 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/s31308 data/legal/raw/us/code/title-46/usc46.xml c24810eae48c70e16d1434eb7f7712362a637ce907927da7fe64a67e95c066f9 eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f d94b034bb724e6657b38865062de012ee88856bfc03796c1577e353305905533 2026-07-04 official
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46 U.S.C. § 31308 - Secretary of Commerce or Transportation as mortgagee

Text

The Secretary of Commerce or Transportation, as a mortgagee under this chapter, may foreclose on a lien arising from a right established under a mortgage under chapter 537 of this title, subject to section 362(b) of title 11.

(Pub. L. 100710, title I, § 102(c), Nov. 23, 1988, 102 Stat. 4741; Pub. L. 101595, title VI, § 603(13), Nov. 16, 1990, 104 Stat. 2993; Pub. L. 109304, § 15(28), Oct. 6, 2006, 120 Stat. 1704; Pub. L. 111281, title IX, § 913(b), Oct. 15, 2010, 124 Stat. 3017.)

Notes

Historical and Revision Notes Revised sectionSource section (U.S. Code) 3130846:952 (last sentence) Section 31308 allows the Secretary of Commerce or Transportation to foreclose on a lien arising from a right established under a mortgage under title XI of the Merchant Marine Act, 1936. This section makes no substantive change to law.

Editorial Notes

Amendments2010—Pub. L. 111281 substituted “The Secretary of Commerce or Transportation, as a mortgagee under this chapter,” for “When the Secretary of Commerce or Transportation is a mortgagee under this chapter, the Secretary”. 2006—Pub. L. 109304 substituted “chapter 537 of this title” for “title XI of the Merchant Marine Act, 1936 (46 App. U.S.C. 1271 et seq.)”. 1990—Pub. L. 101595 substituted “(46 App. U.S.C. 1271 et seq.)” for “(46 App. U.S.C. 1241 et seq.)”.

Statutory Notes and Related Subsidiaries

Effective DateSection effective Jan. 1, 1989, with certain exceptions and qualifications, see section 107 of Pub. L. 100710, set out as a note under section 31301 of this title.