46 USC App 751: Disposition of moneys recovered by United States
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46 USC App 751: Disposition of moneys recovered by United States Text contains those laws in effect on January 23, 2000
From Title 46-AppendixCHAPTER 20-SUITS IN ADMIRALTY BY OR AGAINST VESSELS OR CARGOES OF UNITED STATES

§751. Disposition of moneys recovered by United States

All moneys recovered in any suit brought by the United States on any cause of action arising from, or in connection with, the possession, operation, or ownership of any merchant vessel, or the possession, carriage, or ownership of any cargo, shall be covered into the United States Treasury to the credit of the department of the Government of the United States, or of such aforesaid corporation, having control of the vessel or cargo with respect to which such cause of action arises, for reimbursement of the appropriation, or insurance fund, or other funds, from which the loss, damage, or compensation for which said judgment was recovered has been or will be paid.

(Mar. 9, 1920, ch. 95, §11, 41 Stat. 528 ; Pub. L. 97–31, §12(25)(D), Aug. 6, 1981, 95 Stat. 155 .)

References in Text

Such aforesaid corporation, referred to in text, probably means a corporation mentioned in section 741 of this Appendix.

Amendments

1981-Pub. L. 97–31 struck out reference to the United States Shipping Board.