46 U.S. Code § 53303 - Persons eligible to establish funds

A construction reserve fund may be established by a citizen of the United States that—
(1) is operating a vessel in the foreign or domestic commerce of the United States or in the fisheries;
(2) owns, in whole or in part, a vessel being operated in the foreign or domestic commerce of the United States or in the fisheries;
(3) was operating a vessel in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the United States Government;
(4) owned, in whole or in part, a vessel being operated in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the Government; or
(5) had acquired or was having constructed a vessel to operate in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the Government.

Source

(Pub. L. 109–304, § 8(c),Oct. 6, 2006, 120 Stat. 1587.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
53303
46 App.:1161(b) (1st sentence words between 6th and 10th commas).
June 29, 1936, ch. 858, title V, § 511(b) (1st sentence words between 6th and 10th commas), as added Oct. 10, 1940, ch. 849, 54 Stat. 1106; June 17, 1943, ch. 130, subdiv. (a), 57 Stat. 157; July 17, 1952, ch. 939, § 9, 66 Stat. 762.

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19 CFR - Customs Duties

19 CFR Part 4 - VESSELS IN FOREIGN AND DOMESTIC TRADES

 

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