46 U.S. Code § 56501 - Definition

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§ 56501.
In this chapter, the term “essential vessel” means a vessel that is—
security for a mortgage indebtedness to the United States Government; or
constructed under this subtitle or required by a contract under this subtitle to be operated on a certain essential foreign trade route; and
necessary in the interests of commerce and national defense to be maintained in condition for prompt use.
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1656.)

Historical and Revision Notes



Source (U.S. Code)

Source (Statutes at Large)


46 App.:1242a(a).

June 29, 1940, ch. 442, subdiv. (a), 54 Stat. 684.


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