StacksVerified U.S. federal law reference

46 U.S.C. § 44102 — Financial responsibility to indemnify passengers for nonperformance of transportation

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
  1. (a)Filing RequirementA person in the United States may not arrange, offer, advertise, or provide transportation on a vessel to which this chapter applies unless the person has filed with the Federal Maritime Commission evidence of financial responsibility to indemnify passengers for nonperformance of the transportation.
  2. (b)Satisfactory EvidenceTo satisfy subsection (a), a person must file—
    1. (1)information the Commission considers necessary; or
    2. (2)a copy of a bond or other security, in such form as the Commission by regulation may require.
  3. (c)Authorized Issuer of BondIf a bond is filed, it must be issued by a bonding company authorized to do business in the United States.