§ 57304. Eligible acquisition dates

Type Statute
Publication 2024-07-31
State In force
Department United States Congress
Source OLRC
articles 2
Reform history JSON API

§ 57304. Eligible acquisition dates

(1) when the owner contracts for the construction or purchase of a new vessel; or

(2) within 5 days of the actual date of delivery of the new vessel to the owner.

(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1662.)

The words “At the option of the owner” are substituted for “if the owner so requests” for clarity.

Historical and Revision Notes
RevisedSection Source (U.S. Code) Source (Statutes at Large)
57304 46 App.:1160(b) (2d sentence). June 29, 1936, ch. 858, title V, § 510(b) (2d sentence), as added Aug. 4, 1939, ch. 417, § 7, 53 Stat. 1184; Pub. L. 87–401, subdiv. (1), Oct. 5, 1961, 75 Stat. 833; Pub. L. 91–469, § 35(a), Oct. 21, 1970, 84 Stat. 1035; Pub. L. 97–31, § 12(91), Aug. 6, 1981, 95 Stat. 161.

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