46 U.S.C. § 56501 — Definition
U.S.C. Title 46 - SHIPPING 46 U.S.C. United States Code, 2023 Edition Title 46 - SHIPPING Subtitle V - Merchant Marine Part E - Control of Merchant Marine Capabilities CHAPTER 565 - ESSENTIAL VESSELS AFFECTED BY NEUTRALITY ACT Sec. 56501 - Definition From the U.S. Government Publishing Office, www.gpo.gov
§56501. Definition
In this chapter, the term "essential vessel" means a vessel that is— (1)(A) security for a mortgage indebtedness to the United States Government; or (B) constructed under this subtitle or required by a contract under this subtitle to be operated on a certain essential foreign trade route; and (2) necessary in the interests of commerce and national defense to be maintained in condition for prompt use.
(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1656.)
Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)
56501 46 App.:1242a(a). June 29, 1940, ch. 442, subdiv. (a), 54 Stat. 684.