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- Subchapter I. General
46 U.S.C. § 12107 Wrecked Vessels
Library | United States Statutes |
Edition | 2023 |
Currency | Current through P.L. 118-34 (published on www.congress.gov on 12/26/2023), except for [P. L. 118-31] |
Year | 2023 |
Citation | 46 U.S.C. § 12107 |
(a) REQUIREMENTS.-A vessel is a wrecked vessel under this chapter if it-
(1) was wrecked on a coast of the United States or adjacent waters; and
(2) has undergone repairs in a shipyard in the United States equal to at least 3 times the appraised salvage value of the vessel.
(b) APPRAISALS.-The Secretary may appoint a board of three appraisers to determine whether a vessel satisfies subsection (a)(2). The costs of the appraisal shall be paid by the owner of the vessel.
<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>12107</TD> <TD>46 App.:14 (words before last proviso).</TD> <TD>R.S. §4136 (words before last proviso); Feb. 24, 1915, ch. 57, 38 Stat. 812; <actcitation href="" statecd="US" sessionyear="1993" actaltid="103-182">Pub. L. <actid>103-182</actid></actcitation>, <actseccitation href="" statecd="US" sessionyear="1993" actaltid="103-182">title VI, §<actsec>686</actsec>(a)(4), Dec. 8, <sessionyear>1993</sessionyear></actseccitation>, 107 Stat. 2220.</TD> </TR> </TABLE>
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