46 USC 57514: Qualifications of bidders
Text contains those laws in effect on August 17, 2024
From Title 46-SHIPPINGSubtitle V-Merchant MarinePart F-Government-Owned Merchant VesselsCHAPTER 575-CONSTRUCTION, CHARTER, AND SALE OF VESSELSSUBCHAPTER II-CHARTERS
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§57514. Qualifications of bidders
(a)
(1) the bidder's financial resources, credit standing, and practical experience in operating vessels; and
(2) other factors a prudent business person would consider in entering into a transaction involving a large capital investment.
(b)
(
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
57514 | 46 App.:1203. | June 29, 1936, ch. 858, title VII, §713, |