46 USC § 31327 - Forfeiture of mortgagee interest | Title 46 - Shipping | U.S. Code

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Current through Pub. L. 113-99. (See Public Laws for the current Congress.)

The interest of a mortgagee in a documented vessel or a vessel covered by a preferred mortgage under section 31322 (d) of this title may be terminated by a forfeiture of the vessel for a violation of a law of the United States only if the mortgagee authorized, consented, or conspired to do the act, failure, or omission that is the basis of the violation.

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The interest of a mortgagee in a documented vessel or a vessel covered by a preferred mortgage under section 31322 (d) of this title may be terminated by a forfeiture of the vessel for a violation of a law of the United States only if the mortgagee authorized, consented, or conspired to do the act, failure, or omission that is the basis of the violation.

Source

(Pub. L. 100–710, title I, § 102(c),Nov. 23, 1988, 102 Stat. 4746.)

Historical and Revision Notes
Revised section	Source section (U.S. Code)
31327	46:961(b)

Section 31327 provides for forfeiture of the mortgagee’s interest if the mortgagee authorized, consented, or conspired to do the act, failure, or omission that is the basis of the violation that caused forfeiture of the vessel. This section makes no substantive change to law.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Friday, May 3, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

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An empty field implies a standard amendment.
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"nt" means note.
"nt [tbl]" means note [table].
"prec" means preceding.
"fr" means a transfer from another section.
"to" means a transfer to another section.
"omitted" means the section is omitted.
"repealed" means the section is repealed.
"nt ed change" and "ed change" - See the Editorial Classification Change Table [pdf].

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46 USC	Description of Change	Session Year	Public Law	Statutes at Large

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

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46 CFR - Title 46—Shipping

46 CFR Part 221 - REGULATED TRANSACTIONS INVOLVING DOCUMENTED VESSELS AND OTHER MARITIME INTERESTS

46 USC § 31327 - Forfeiture of mortgagee interest

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