46 USC 31308: Secretary of Commerce or Transportation as mortgagee
Result 1 of 1
   
 
<< Previous   TITLE 46 / Subtitle III / CHAPTER 313 / SUBCHAPTER I / § 31308   Next >>
 
46 USC 31308: Secretary of Commerce or Transportation as mortgagee Text contains those laws in effect on January 8, 2008
From Title 46-SHIPPINGSubtitle III-Maritime LiabilityCHAPTER 313-COMMERCIAL INSTRUMENTS AND MARITIME LIENSSUBCHAPTER I-GENERAL
Jump To: Source CreditAmendments

§31308. Secretary of Commerce or Transportation as mortgagee

When the Secretary of Commerce or Transportation is a mortgagee under this chapter, the Secretary may foreclose on a lien arising from a right established under a mortgage under chapter 537 of this title, subject to section 362(b) of title 11.

( Pub. L. 100–710, title I, §102(c), Nov. 23, 1988, 102 Stat. 4741 ; Pub. L. 101–595, title VI, §603(13), Nov. 16, 1990, 104 Stat. 2993 ; Pub. L. 109–304, §15(28), Oct. 6, 2006, 120 Stat. 1704 .)

Historical and Revision Notes
Revised sectionSource section (U.S. Code)
31308 46:952 (last sentence)

Section 31308 allows the Secretary of Commerce or Transportation to foreclose on a lien arising from a right established under a mortgage under title XI of the Merchant Marine Act, 1936. This section makes no substantive change to law.

Amendments

2006-Pub. L. 109–304 substituted "chapter 537 of this title" for "title XI of the Merchant Marine Act, 1936 (46 App. U.S.C. 1271 et seq.)".

1990-Pub. L. 101–595 substituted "(46 App. U.S.C. 1271 et seq.)" for "(46 App. U.S.C. 1241 et seq.)".