Statute · United States Code

46 U.S.C. § 53516 — Termination of agreement after change in regulations

46 U.S.C. § 53516

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

If, after an agreement has been made under this chapter, a change is made either in the joint regulations or in the regulations prescribed by the Secretary under this chapter that could have a substantial effect on the rights or duties of a person maintaining a fund under this chapter, that person may terminate the agreement.

Citator

46 U.S.C. § 53516 — Termination of agreement after change in regulations is in force in the current edition of the Code, and nothing recorded condemns it.

If, after an agreement has been made under this chapter, a change is made either in the joint regulations or in the regulations prescribed by the Secretary under this chapter that could have a substantial effect on the rights or duties of a person maintaining a fund under this chapter, that person may terminate the agreement.