Statute · United States Code
46 U.S.C. § 53303 — Persons eligible to establish funds
46 U.S.C. § 53303
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- commercial
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.
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.