2012 US Code
Title 50 - War and National Defense
Appendix (§§ 1 - 2420)
SALE OF SURPLUS WAR-BUILT VESSELS (§§ 1735 - 1746)
ACT MAR. 8, 1946, CH. 82, 60 STAT. 41 (§§ 1735 - 1746)
Section 1741 - Exchange of vessels
| Publication Title | United States Code, 2012 Edition, Title 50 - WAR AND NATIONAL DEFENSE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 50 - WAR AND NATIONAL DEFENSE TITLE 50 - APPENDIX-WAR AND NATIONAL DEFENSE SALE OF SURPLUS WAR-BUILT VESSELS ACT MAR. 8, 1946, CH. 82, 60 STAT. 41 Sec. 1741 - Exchange of vessels |
| Contains | section 1741 |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Mar. 8, 1946, ch. 82, §8, 60 Stat. 45; Pub. L. 97-31, §12(154), Aug. 6, 1981, 95 Stat. 167; Pub. L. 101-225, title III, §307(12), Dec. 12, 1989, 103 Stat. 1925. |
| Statutes at Large References | 60 Stat. 41, 45 95 Stat. 167 103 Stat. 1925 |
| Public Law References | Public Law 97-31, Public Law 101-225 |
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In the case of any vessel constructed in the United States after January 1, 1937, which has been taken by the United States for use in any manner, the Secretary, if in his opinion the transfer would aid in carrying out the policies of this Act [sections 1735 to 1746 of this Appendix], is authorized to transfer to the owner of such vessel another vessel which is deemed by the Secretary to be of comparable type with adjustments for depreciation and difference in design or speed, and to the extent applicable, adjustments with respect to the retained vessel as provided for in section 9 [section 1742 of this Appendix], and such other adjustments and terms and conditions, including transfer of mortgage obligations in favor of the United States binding upon the old vessel, as the Secretary may prescribe.
(Mar. 8, 1946, ch. 82, §8, 60 Stat. 45; Pub. L. 97–31, §12(154), Aug. 6, 1981, 95 Stat. 167; Pub. L. 101–225, title III, §307(12), Dec. 12, 1989, 103 Stat. 1925.)
Amendments1989—Subsecs. (a) to (c). Pub. L. 101–225 struck out subsecs. (a) to (c) which related to allowance as credit on purchase price and vessels acceptable, amount of allowance, and transfers in settlement of claims, respectively.
1981—Pub. L. 97–31 substituted “Secretary” for “Commission” wherever appearing.
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