50 USC 197: Voluntary purchase or charter agreements
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50 USC 197: Voluntary purchase or charter agreements Text contains those laws in effect on January 7, 2011
From Title 50-WAR AND NATIONAL DEFENSECHAPTER 12-VESSELS IN TERRITORIAL WATERS OF UNITED STATES

§197. Voluntary purchase or charter agreements

During any period in which vessels may be requisitioned under chapter 563 of title 46, the President is authorized through the Secretary of Transportation to acquire by voluntary agreement of purchase or charter the ownership or use of any merchant vessel not owned by citizens of the United States.

(Aug. 9, 1954, ch. 659, §2, 68 Stat. 675 ; Pub. L. 97–31, §12(152), Aug. 6, 1981, 95 Stat. 167 .)

Codification

In text, "chapter 563 of title 46" substituted for "section 902 of the Merchant Marine Act, 1936, as amended" on authority of Pub. L. 109–304, §18(c), Oct. 6, 2006, 120 Stat. 1709 , which Act enacted chapter 563 of Title 46, Shipping.

Amendments

1981-Pub. L. 97–31 substituted "Secretary of Transportation" for "Secretary of Commerce".