Statute · United States Code
46 U.S.C. § 53305 — Eligible fund deposits
46 U.S.C. § 53305
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
A construction reserve fund may include deposits of— (1) the proceeds from the sale of a vessel; (2) indemnities for the loss of a vessel; (3) earnings from the operation of a documented vessel and from services incident to the operation; and (4) interest or other amounts accrued on deposits in the fund.
A construction reserve fund may include deposits of— (1) the proceeds from the sale of a vessel; (2) indemnities for the loss of a vessel; (3) earnings from the operation of a documented vessel and from services incident to the operation; and (4) interest or other amounts accrued on deposits in the fund.