46 USC App 1200: Undertaking required of charterer
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46 USC App 1200: Undertaking required of charterer Text contains those laws in effect on January 23, 2000
From Title 46-AppendixCHAPTER 27-MERCHANT MARINE ACT, 1936SUBCHAPTER VII-PRIVATE CHARTER OPERATION
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§1200. Undertaking required of charterer

Every charterer of the Secretary of Transportation's vessels shall be required to deposit with the Secretary of Transportation an undertaking with approved sureties as security for the faithful performance of all of the conditions of the charter, including indemnity against liens on the chartered vessels, in such amount as the Secretary of Transportation shall require.

(June 29, 1936, ch. 858, title VII, §710, 49 Stat. 2010 ; Pub. L. 97–31, §12(112), Aug. 6, 1981, 95 Stat. 163 .)

Amendments

1981-Pub. L. 97–31 substituted "Secretary of Transportation's vessels" for "Commission's vessels" and "Secretary of Transportation" for "Commission" in two places. For prior transfers of functions of the Commission, meaning the United States Maritime Commission, see Transfer of Functions note below.

Transfer of Functions

For transfer of functions of United States Maritime Commission, see Reorg. Plan No. 6 of 1949, Reorg. Plan No. 21 of 1950, and Reorg. Plan No. 7 of 1961, set out under section 1111 of this Appendix.

Section Referred to in Other Sections

This section is referred to in section 1196 of this Appendix; title 50 App. section 1738.