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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. § 57301 Definitions us united_states_code code_section 46 SHIPPING 573 VESSEL TRADE-IN PROGRAM 57301 46 U.S.C. § 57301 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/s57301 data/legal/raw/us/code/title-46/usc46.xml cf4f9997d3836319a4d9550fbe298586cdab2419ff7687dc7539b14d67fd82c2 eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f e7774f589b3dad01afd0c4792def06aaa174f620f8d10ee37d312cd69fe68d39 2026-07-04 official
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46 U.S.C. § 57301 - Definitions

Text

In this chapter:

(1) New vessel.— The term “new vessel” means a vessel—

(A) constructed under this subtitle and acquired within 2 years after the date of completion; or

(B) constructed in a domestic shipyard on private account and not under this subtitle, and documented under the laws of the United States.

(2) Obsolete vessel.— The term “obsolete vessel” means a vessel that—

(A) is of at least 1,350 gross tons;

(B) the Secretary of Transportation believes should, because of its age, obsolescence, or other reasons, be replaced in the public interest; and

(C) has been owned by a citizen of the United States for at least 3 years immediately before its acquisition under 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) 5730146 App.:1160(a).June 29, 1936, ch. 858, title V, § 510(a), as added Aug. 4, 1939, ch. 417, § 7, 53 Stat. 1183; July 17, 1952, ch. 939, § 7, 66 Stat. 762; Pub. L. 85332, Feb. 20, 1958, 72 Stat. 17; Pub. L. 87755, Oct. 5, 1962, 76 Stat. 751; Pub. L. 91469, § 12(a), Oct. 21, 1970, 84 Stat. 1022; Pub. L. 9731, § 12(91), Aug. 6, 1981, 95 Stat. 161. In paragraph (1)(A), the words “or is purchased under section 1204 of this Appendix, as amended, by the person turning in an obsolete vessel under this section” are omitted because the purchase authority under 46 App. U.S.C. 1204 was impliedly repealed by section 14 of the Merchant Ship Sales Act of 1946 (50 App. U.S.C. 1735 note).