46 U.S.C. § 58102

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗

The Secretary of Transportation may supervise the number and compensation of all officers and employees of a contractor under the operating-differential subsidy program or a charterer under chapter 575 of this title, receiving an operating-differential subsidy, if the contractor or charterer—

(1)is in default on a mortgage, note, purchase contract, or other obligation to the Secretary; or
(2)has not maintained, in a manner satisfactory to the Secretary, all of the reserves provided for in this subtitle.