46 USC § 56501
Definition
through Pub. L. 116-344, except Pub. Ls. 116-260 and 116-283
In this chapter, the term "essential vessel" means a vessel that is—
(1)
(A) security for a mortgage indebtedness to the United States Government; or
(B) constructed under this subtitle or required by a contract under this subtitle to be operated on a certain essential foreign trade route; and
(2) necessary in the interests of commerce and national defense to be maintained in condition for prompt use.
Open Table|
Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 56501 | 46 App.:1242a(a). | June 29, 1940, ch. 442, subdiv. (a), 54 Stat. 684. |
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