46 USC 57111: Definition of obsolete vessel
Text contains those laws in effect on August 17, 2024
From Title 46-SHIPPINGSubtitle V-Merchant MarinePart F-Government-Owned Merchant VesselsCHAPTER 571-GENERAL AUTHORITY
§57111. Definition of obsolete vessel
In this chapter, the term "obsolete vessel" means a vessel that-
(1) is or will be in the custody and control of the Maritime Administration for purposes of disposing of the vessel; and
(2) has been determined by the Secretary of Transportation to be of insufficient value, with respect to the programs of the Maritime Administration, to warrant-
(A) preserving for future use or spare parts harvesting; or
(B) retaining in the National Defense Reserve Fleet.
(Added
Editorial Notes
Prior Provisions
A prior section 57111 was renumbered section 57110 of this title.