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46 U.S.C. § 53904 - U.S. Code - Unannotated Title 46. Shipping § 53904. Liability insurance for persons involved in war or defense efforts

Current as of January 01, 2024 | Updated by FindLaw Staff

(a) In general.--The Secretary of Transportation may provide insurance under this chapter against legal liability that a person may incur in providing services or facilities for a vessel if, in the opinion of the Secretary, the insurance--

(1) is required in prosecuting a war or for national defense; and

(2) cannot be obtained at reasonable rates or on reasonable terms and conditions from approved companies authorized to do insurance business in a State of the United States.

(b) Limitations.--Employer liability insurance and worker compensation insurance against legal liability to employees may not be provided under this section.

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Cite this article: FindLaw.com - 46 U.S.C. § 53904 - U.S. Code - Unannotated Title 46. Shipping § 53904. Liability insurance for persons involved in war or defense efforts - last updated January 01, 2024 | https://codes.findlaw.com/us/title-46-shipping/46-usc-sect-53904/

Read this complete 46 U.S.C. § 53904 - U.S. Code - Unannotated Title 46. Shipping § 53904. Liability insurance for persons involved in war or defense efforts on Westlaw

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