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46 U.S.C. § 31327

Forfeiture of mortgagee interest

Ch. 313 — COMMERCIAL INSTRUMENTS AND MARITIME LIENS
Title 46 U.S.C. ● ACTIVE Primary Source Ch. 313
Statutory Text

46 U.S.C. § 31327 — Forfeiture of mortgagee interest

U.S.C. Title 46 - SHIPPING 46 U.S.C. United States Code, 2023 Edition Title 46 - SHIPPING Subtitle III - Maritime Liability CHAPTER 313 - COMMERCIAL INSTRUMENTS AND MARITIME LIENS SUBCHAPTER II - COMMERCIAL INSTRUMENTS Sec. 31327 - Forfeiture of mortgagee interest From the U.S. Government Publishing Office, www.gpo.gov

§31327. Forfeiture of mortgagee interest

The interest of a mortgagee in a documented vessel or a vessel covered by a preferred mortgage under section 31322(d) of this title may be terminated by a forfeiture of the vessel for a violation of a law of the United States only if the mortgagee authorized, consented, or conspired to do the act, failure, or omission that is the basis of the violation.

(Pub. L. 100–710, title I, §102(c), Nov. 23, 1988, 102 Stat. 4746.)

Historical and Revision Notes Revised sectionSource section (U.S. Code)

31327 46:961(b)

Section 31327 provides for forfeiture of the mortgagee's interest if the mortgagee authorized, consented, or conspired to do the act, failure, or omission that is the basis of the violation that caused forfeiture of the vessel. This section makes no substantive change to law.

Statutory Notes and Related Subsidiaries

Effective Date Section effective Jan. 1, 1989, with certain exceptions and qualifications, see section 107 of Pub. L. 100–710, set out as a note under section 31301 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC46-SEC-9A0534
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
46 U.S.C. § 31327
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
5a48563433c41c7c...
Semantic Edges
Pending — corpus passes queued
The statutory text of 46 U.S.C. § 31327 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 46 U.S.C. § 31326 46 U.S.C. § 31328 →
Ch. 313 — COMMERCIAL INSTRUMENTS AND MARITIME LIENS
46 U.S.C. § 3130146 U.S.C. § 3130246 U.S.C. § 3130346 U.S.C. § 3130446 U.S.C. § 3130546 U.S.C. § 3130646 U.S.C. § 3130746 U.S.C. § 3130846 U.S.C. § 3130946 U.S.C. § 3132146 U.S.C. § 3132246 U.S.C. § 3132346 U.S.C. § 3132446 U.S.C. § 3132546 U.S.C. § 3132646 U.S.C. § 3132746 U.S.C. § 3132846 U.S.C. § 3132946 U.S.C. § 3133046 U.S.C. § 3134146 U.S.C. § 3134246 U.S.C. § 31343
46 U.S.C. — public domain ← All Legislation
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