section 362(b) of title 11The Secretary of Commerce or Transportation, as a mortgagee under this chapter, may foreclose on a lien arising from a right established under a mortgage under chapter 537 of this title, subject to .
Pub. L. 100–710, title I, § 102(c)102 Stat. 4741Pub. L. 101–595, title VI, § 603(13)104 Stat. 2993Pub. L. 109–304, § 15(28)120 Stat. 1704Pub. L. 111–281, title IX, § 913(b)124 Stat. 3017(, , ; , , ; , , ; , , .)
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Historical and Revision Notes |
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Revised section | Source section (U.S. Code) |
31308 | 46:952 (last sentence) |
Section 31308 allows the Secretary of Commerce or Transportation to foreclose on a lien arising from a right established under a mortgage under title XI of the Merchant Marine Act, 1936. This section makes no substantive change to law.
Editorial Notes
Amendments
Pub. L. 111–2812010— substituted “The Secretary of Commerce or Transportation, as a mortgagee under this chapter,” for “When the Secretary of Commerce or Transportation is a mortgagee under this chapter, the Secretary”.
Pub. L. 109–3042006— substituted “chapter 537 of this title” for “title XI of the Merchant Marine Act, 1936 (46 App. U.S.C. 1271 et seq.)”.
Pub. L. 101–5951990— substituted “(46 App. U.S.C. 1271 et seq.)” for “(46 App. U.S.C. 1241 et seq.)”.
Statutory Notes and Related Subsidiaries
Effective Date
section 107 of Pub. L. 100–710section 31301 of this titleSection effective , with certain exceptions and qualifications, see , set out as a note under .