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§ 53908. Additional insurance privately obtained

Type Statute
Publication 2024-07-31
State In force
Department United States Congress
Source OLRC
Reform history JSON API
§ 53908. Additional insurance privately obtained

With the approval of the Secretary of Transportation, a person having an insurable interest in a vessel may obtain insurance on the vessel with other underwriting agents in addition to the insurance with the Secretary. The Secretary is not entitled to the benefit of the additional insurance.

(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1630.)

Historical and Revision Notes
RevisedSection Source (U.S. Code) Source (Statutes at Large)
53908 46 App.:1293. June 29, 1936, ch. 858, title XII, § 1213, as added Sept. 7, 1950, ch. 906, 64 Stat. 777; Pub. L. 97–31, § 12(141), Aug. 6, 1981, 95 Stat. 166.

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