obsolete vessel

(2)The term “obsolete vessel” means a vessel that— (A)is of at least 1,350 gross tons; (B)the Secretary of Transportation believes should, because of its age, obsolescence, or other reasons, be replaced in the public interest; and (C)has been owned by a citizen of the United States for at least 3 years immediately before its acquisition under this chapter.

Source

46 USC § 57301(2)


Scoping language

In this chapter
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