Statute · United States Code
46 U.S.C. § 53904 — Liability insurance for persons involved in war or defense efforts
46 U.S.C. § 53904
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- employee-benefits-and-executive-compensation
(a) In General.—The Secretary of Transportation may provide insurance under this chapter against legal liability that a person may incur in providing services or facilities for a vessel if, in the opinion of the Secretary, the insurance— (1) is required in prosecuting a war or for national defense; and (2) cannot be obtained at reasonable rates or on reasonable terms and conditions from approved companies authorized to do insurance business in a State of the United States. (b) Limitations.—Employer liability insurance and worker compensation insurance against legal liability to employees may not be provided under this section.
(a) In General.—The Secretary of Transportation may provide insurance under this chapter against legal liability that a person may incur in providing services or facilities for a vessel if, in the opinion of the Secretary, the insurance— (1) is required in prosecuting a war or for national defense; and (2) cannot be obtained at reasonable rates or on reasonable terms and conditions from approved companies authorized to do insurance business in a State of the United States. (b) Limitations.—Employer liability insurance and worker compensation insurance against legal liability to employees may not be provided under this section.