46 USC 53904: Liability insurance for persons involved in war or defense efforts
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46 USC 53904: Liability insurance for persons involved in war or defense efforts Text contains those laws in effect on November 21, 2024
From Title 46-SHIPPINGSubtitle V-Merchant MarinePart C-Financial Assistance ProgramsCHAPTER 539-WAR RISK INSURANCE
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§53904. Liability insurance for persons involved in war or defense efforts

(a) In General.-The Secretary of Transportation may provide insurance under this chapter against legal liability that a person may incur in providing services or facilities for a vessel if, in the opinion of the Secretary, the insurance-

(1) is required in prosecuting a war or for national defense; and

(2) cannot be obtained at reasonable rates or on reasonable terms and conditions from approved companies authorized to do insurance business in a State of the United States.


(b) Limitations.-Employer liability insurance and worker compensation insurance against legal liability to employees may not be provided under this section.

( Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1628 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
53904 46 App.:1286. June 29, 1936, ch. 858, title XII, §1206, as added Sept. 7, 1950, ch. 906, 64 Stat. 774 ; Aug. 3, 1956, ch. 929, §5, 70 Stat. 986 .

In subsection (a), the words "a vessel" are substituted for "any American- or foreign-flag vessel, public or private" to eliminate unnecessary words.