46 U.S.C. § 56302 Charter Terms

• Library: United States Statutes
• Edition: 2023 Edition
• Currency: Current through P.L. 118-19 (published on www.congress.gov on 10/06/2023)

(a) IN GENERAL.-If a vessel is requisitioned for use but not ownership under this chapter, the Secretary of Transportation, at the time of requisition or as soon thereafter as the situation allows, shall offer the person entitled to possession of the vessel a charter containing-

(1) the terms the Secretary believes should govern the relationship between the United States Government and the person; and

(2) the rate of hire the Secretary considers just compensation for the use of the vessel and the services required under the charter.

(b) REFUSAL TO ACCEPT.-If the person does not accept the charter and rate of hire, the parties shall proceed as provided in section 56304 of this title.

Cite as 46 U.S.C. § 56302

Source: Pub. L. 109-304, §8(c), Oct. 6, 2006, 120 Stat. 1654.

current through 7/7/2023

<TABLE> <TR><TD colspan="3">HISTORICAL AND REVISION NOTES</TD> </TR> <TR> <TD>Revised <para>Section</para> </TD> <TD>Source (U.S. Code)</TD> <TD>Source (Statutes at Large)</TD> </TR> <TR> <TD>56302</TD> <TD>46 App.:1242(c) (1st sentence).</TD> <TD>June 29, 1936, ch. 858, title IX, §902(c) (1st sentence); as added Aug. 7, 1939, ch. 555, §3, 53 Stat. 1255; Pub. L. 97-31, §12(131), Aug. 6, 1981, 95 Stat. 165.</TD> </TR> </TABLE>