Statute · United States Code

46 U.S.C. § 31324 — Retention and examination of mortgages of vessels covered by preferred mortgages

46 U.S.C. § 31324

Type: Statute
Source: United States Code
Jurisdiction: Federal
Date: 2025-01-06
Topic: general

(a) On request, the owner, master, or individual in charge of a vessel covered by a preferred mortgage shall permit a person to examine the mortgage if the person has business with the vessel that may give rise to a maritime lien or the sale, conveyance, mortgage, or assignment of a mortgage of the vessel. (b) A mortgagor of a preferred mortgage covering a self-propelled vessel shall use diligence in keeping a certified copy of the mortgage on the vessel.

Citator

46 U.S.C. § 31324 — Retention and examination of mortgages of vessels covered by preferred mortgages is in force in the current edition of the Code, and nothing recorded condemns it.

(a) On request, the owner, master, or individual in charge of a vessel covered by a preferred mortgage shall permit a person to examine the mortgage if the person has business with the vessel that may give rise to a maritime lien or the sale, conveyance, mortgage, or assignment of a mortgage of the vessel. (b) A mortgagor of a preferred mortgage covering a self-propelled vessel shall use diligence in keeping a certified copy of the mortgage on the vessel.