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46 U.S.C. § 56307 - U.S. Code - Unannotated Title 46. Shipping § 56307. Return of vessels

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

When a vessel requisitioned for use but not ownership is returned to the owner, the Secretary of Transportation shall--

(1) return the vessel in a condition at least as good as when taken, less ordinary wear and tear; or

(2) pay the owner an amount sufficient to recondition the vessel to that condition, less ordinary wear and tear.

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Cite this article: FindLaw.com - 46 U.S.C. § 56307 - U.S. Code - Unannotated Title 46. Shipping § 56307. Return of vessels - last updated January 01, 2024 | https://codes.findlaw.com/us/title-46-shipping/46-usc-sect-56307/

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