Files
republic-os/legal/us/code/title-46/chapter-535/section-53504.md
T
Fabio 76b8ec33a7 Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
verified on Title 42's 8,356 sections); make check green. make
legal-us-code default now covers every title.

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

2.6 KiB
Raw Blame History

type, title, description, jurisdiction, corpus, kind, title_number, title_name, chapter_number, chapter_name, section, citation, status, release_point, release_date, source, source_url, source_identifier, source_file, source_hash, raw_snapshot_hash, text_hash, retrieved_at, confidence, tags
type title description jurisdiction corpus kind title_number title_name chapter_number chapter_name section citation status release_point release_date source source_url source_identifier source_file source_hash raw_snapshot_hash text_hash retrieved_at confidence tags
LegalText 46 U.S.C. § 53504 Deposits and withdrawals us united_states_code code_section 46 SHIPPING 535 CAPITAL CONSTRUCTION FUNDS 53504 46 U.S.C. § 53504 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/s53504 data/legal/raw/us/code/title-46/usc46.xml 4051abe02cf549add3d691b22ee70e8d93c2402dbc3096d4b253029df190bb32 eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f 32223f7ec2876261c8e0428a93531e22506f222372a5ae7d0f1c14975cde2b13 2026-07-04 official
legal
us-code

46 U.S.C. § 53504 - Deposits and withdrawals

Text

(a) Required Deposits.— An agreement to establish a capital construction fund shall provide for the deposit in the fund of the amounts agreed to be appropriate to provide for qualified withdrawals under section 53509 of this title.

(b) Applicable Requirements.— Deposits in and withdrawals from the fund are subject to the requirements included in the agreement or prescribed by the Secretary by regulation. However, the Secretary may not require a person to deposit in the fund for a taxable year more than 50 percent of that portion of the persons taxable income for that year (as determined under section 53505(a)(1) of this title) that is attributable to the operation of an agreement vessel.

(Pub. L. 109304, § 8(c), Oct. 6, 2006, 120 Stat. 1593.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 53504(a)46 App.:1177(a) (2d sentence related to deposits).June 29, 1936, ch. 858, title VI, § 607(a) (2d sentence related to deposits), (last sentence), 49 Stat. 2005; June 23, 1938, ch. 600, §§ 2328, 52 Stat. 960; Aug. 4, 1939, ch. 417, § 10, 53 Stat. 1185; July 17, 1952, ch. 939, §§ 1719, 66 Stat. 764; Pub. L. 85637, Aug. 14, 1958, 72 Stat. 216; Pub. L. 86518, § 1, June 12, 1960, 74 Stat. 216; Pub. L. 8745, § 6, May 27, 1961, 75 Stat. 91; Pub. L. 87271, Sept. 21, 1961, 75 Stat. 570; restated Pub. L. 91469, § 21(a), Oct. 21, 1970, 84 Stat. 1026; Pub. L. 9731, § 12(97)(A), Aug. 6, 1981, 95 Stat. 162. 53504(b)46 App.:1177(a) (last sentence). In subsection (a), the words “agreed to be appropriate” are substituted for “agreed upon as necessary or appropriate” to eliminate unnecessary words.