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NOTES:


Source

(Pub. L. 98–237, § 19, Mar. 20, 1984, 98 Stat. 87; Pub. L. 105–258, title I, § 116, Oct. 14, 1998, 112 Stat. 1912.)

Amendments

1998—Pub. L. 105–258, § 116(1), substituted “transportation intermediaries” for “freight forwarders” in section catchline.
Subsec. (a). Pub. L. 105–258, § 116(2), added subsec. (a) and struck out heading and text of former subsec. (a). Text read as follows: “No person may act as an ocean freight forwarder unless that person holds a license issued by the Commission. The Commission shall issue a forwarder’s license to any person that—
“(1) the Commission determines to be qualified by experience and character to render forwarding services; and
“(2) furnishes a bond in a form and amount determined by the Commission to insure financial responsibility that is issued by a surety company found acceptable by the Secretary of the Treasury.”
Subsec. (b). Pub. L. 105–258, § 116(4), added subsec. (b). Former subsec. (b) redesignated (c).
Subsec. (c). Pub. L. 105–258, § 116(6), substituted “a bond, proof of insurance, or other surety in accordance with subsection (b)(1) of this section.” for “a bond in accordance with subsection (a)(2) of this section.”
Pub. L. 105–258, § 116(5)(D), substituted “intermediary services” for “forwarding services” in first sentence.
Pub. L. 105–258, § 116(5)(B), substituted “an intermediary’s” for “a forwarder’s” in second sentence.
Pub. L. 105–258, § 116(5)(A), substituted “transportation intermediary” for “freight forwarder” in first sentence.
Pub. L. 105–258, § 116(3), redesignated subsec. (b) as (c). Former subsec. (c) redesignated (d).
Subsec. (d). Pub. L. 105–258, § 116(3), redesignated subsec. (c) as (d). Former subsec. (d) redesignated (e).
Subsec. (e). Pub. L. 105–258, § 116(3), (7), redesignated subsec. (d) as (e) and substituted “intermediaries” for “forwarders” in heading.
Subsec. (e)(1). Pub. L. 105–258, § 116(9), substituted “license, if required by subsection (a) of this section,” for “license” in introductory provisions.
Pub. L. 105–258, § 116(8), substituted “an ocean transportation intermediary, as defined in section 1702 (17)(A) of this Appendix,” for “an ocean transportation intermediary” in introductory provisions.
Pub. L. 105–258, § 116(5)(A), substituted “transportation intermediary” for “freight forwarder” in two places in introductory provisions.
Subsec. (e)(3). Pub. L. 105–258, § 116(10), redesignated par. (4) as (3) and struck out former par. (3) which read as follows: “No compensation may be paid to an ocean transportation intermediary except in accordance with the tariff requirements of this chapter.”
Pub. L. 105–258, § 116(5)(A), substituted “transportation intermediary” for “freight forwarder”.
Subsec. (e)(4). Pub. L. 105–258, § 116(11), added par. (4). Former par. (4) redesignated (3).
Pub. L. 105–258, § 116(5)(C), substituted “intermediary has” for “forwarder has”.
Pub. L. 105–258, § 116(5)(A), substituted “transportation intermediary” for “freight forwarder”.

Effective Date of 1998 Amendment

Amendment by Pub. L. 105–258 effective May 1, 1999, see section 2 of Pub. L. 105–258, set out as a note under section 1701 of this Appendix.

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