50a U.S. Code Rule - United States as entitled to all benefits of exemption and limitation of liability accorded to owners of vessels
The United States shall, with respect to vessels owned by or chartered to the War Shipping Administrator  under bareboat charter or time charter or operated directly by such Administrator or for his account, be entitled to the benefits of all exemptions and of all limitations of liability accorded by law to the owners of vessels. With respect to any such vessel, the term “the United States” shall include agents or other persons acting for or on behalf of the Administrator in connection with the operation thereof.
 See Transfer of Functions note below.
Source(Mar. 24, 1943, ch. 26, § 4,57 Stat. 51.)
Transfer of Functions
War Shipping Administration terminated as of Sept. 1, 1946, and functions, powers, duties, etc., transferred to United States Maritime Commission for period Sept. 1, 1946, to Dec. 31, 1946, for purpose of liquidating Administration, by act July 8, 1946, ch. 543, title II, § 202,60 Stat. 501.
Vessel Operations Under Revolving Fund