Statutory Text

46 U.S.C. § 58102 — Default on payment or maintenance of reserves

U.S.C. Title 46 - SHIPPING 46 U.S.C. United States Code, 2023 Edition Title 46 - SHIPPING Subtitle V - Merchant Marine Part G - Restrictions and Penalties CHAPTER 581 - RESTRICTIONS AND PENALTIES Sec. 58102 - Default on payment or maintenance of reserves From the U.S. Government Publishing Office, www.gpo.gov

§58102. Default on payment or maintenance of reserves

The Secretary of Transportation may supervise the number and compensation of all officers and employees of a contractor under the operating-differential subsidy program or a charterer under chapter 575 of this title, receiving an operating-differential subsidy, if the contractor or charterer— (1) is in default on a mortgage, note, purchase contract, or other obligation to the Secretary; or (2) has not maintained, in a manner satisfactory to the Secretary, all of the reserves provided for in this subtitle.

(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1671.)

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

58102 46 App.:1223(b). June 29, 1936, ch. 858, title VIII, §805(b), 49 Stat. 2012; Pub. L. 97–31, §12(122), Aug. 6, 1981, 95 Stat. 164; Pub. L. 104–239, §4(b)(2), Oct. 8, 1996, 110 Stat. 3131.

The words "contractor under the operating-differential subsidy program or a charterer under chapter 575 of this title, receiving an operating-differential subsidy" are substituted for "contractor under part A of subchapter VI of this chapter or subchapter VII of this chapter receiving an operating-differential subsidy" for the reasons explained under section 58101.

Source: uscode.house.gov — public domain Official Source ↗

Root-LD Entity Data

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Federation ID

BS-USC46-SEC-4E426D

Entity Class

STATUTE / FEDERAL-CODE-SECTION

Domain Signature

boisestandard.org

Citation

46 U.S.C. § 58102

Jurisdiction

Federal — United States

Status

✓ ACTIVE

Source

PRIMARY-SOURCE

Source Verified

✓ TRUE

Content Hash

509cbb36534b8f13...

Semantic Edges

Pending — corpus passes queued

The statutory text of 46 U.S.C. § 58102 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).

Navigate Corpus — Title 46

← 46 U.S.C. § 58101 46 U.S.C. § 58103 →

Ch. 581 — RESTRICTIONS AND PENALTIES

46 U.S.C. § 58101 46 U.S.C. § 58102 46 U.S.C. § 58103 46 U.S.C. § 58104 46 U.S.C. § 58105 46 U.S.C. § 58106 46 U.S.C. § 58107 46 U.S.C. § 58108 46 U.S.C. § 58109

46 U.S.C. — public domain ← All Legislation