46 U.S.C. 56501: DefinitionText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 46-SHIPPINGCHAPTER 565-ESSENTIAL VESSELS AFFECTED BY NEUTRALITY ACT
§56501. Definition
In this chapter, the term “essential vessel” means a vessel that is—
(1) (A) security for a mortgage indebtedness to the United States Government; or
(B) constructed under this subtitle or required by a contract under this subtitle to be operated on a certain essential foreign trade route; and
(2) necessary in the interests of commerce and national defense to be maintained in condition for prompt use.
( Pub. L. 109–304, § 8(c) , Oct. 6, 2006 , 120 Stat. 1656 .)
Historical and Revision Notes
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
56501 | 46 App.:1242a(a). | June 29, 1940, ch. 442, subdiv. (a), 54 Stat. 684. |
