2014 US Code
Title 46 - Shipping (Sections 101 - 80509)
Subtitle IV - Regulation of Ocean Shipping (Sections 40101 - 44106)
Part C - Miscellaneous (Sections 44101 - 44106)
Chapter 441 - Evidence of Financial Responsibility for Passenger Transportation (Sections 44101 - 44106)
Sec. 44103 - Financial responsibility to pay liability for death or injury
Publication Title | United States Code, 2012 Edition, Supplement 2, Title 46 - SHIPPING |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 46 - SHIPPING Subtitle IV - Regulation of Ocean Shipping Part C - Miscellaneous CHAPTER 441 - EVIDENCE OF FINANCIAL RESPONSIBILITY FOR PASSENGER TRANSPORTATION Sec. 44103 - Financial responsibility to pay liability for death or injury |
Contains | section 44103 |
Date | 2014 |
Laws In Effect As Of Date | January 5, 2015 |
Positive Law | Yes |
Disposition | standard |
Source Credit | Pub. L. 109-304, §7, Oct. 6, 2006, 120 Stat. 1554. |
Statutes at Large References | 80 Stat. 1356 120 Stat. 1554 |
Public and Private Laws | Public Law 89-777, Public Law 109-304 |
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(a) General Requirement.—The owner or charterer of a vessel to which this chapter applies shall establish, under regulations prescribed by the Federal Maritime Commission, financial responsibility to meet liability for death or injury to passengers or other individuals on a voyage to or from a port in the United States.
(b) Amounts.—
(1) In general.—The amount of financial responsibility required under subsection (a) shall be based on the number of passenger accommodations as follows:
(A) $20,000 for each of the first 500 passenger accommodations.
(B) $15,000 for each additional passenger accommodation between 501 and 1,000.
(C) $10,000 for each additional passenger accommodation between 1,001 and 1,500.
(D) $5,000 for each additional passenger accommodation over 1,500.
(2) Multiple vessels.—If the owner or charterer is operating more than one vessel subject to this chapter, the amount of financial responsibility shall be based on the number of passenger accommodations on the vessel with the largest number of passenger accommodations.
(c) Availability To Pay Judgment.—The amount determined under subsection (b) shall be available to pay a judgment for damages (whether less than or more than $20,000) for death or injury to a passenger or other individual on a voyage to or from a port in the United States.
(d) Means of Establishing.—Financial responsibility under this section may be established by one or more of the following if acceptable to the Commission:
(1) Insurance.
(2) Surety bond issued by a bonding company authorized to do business in the United States.
(3) Qualification as a self-insurer.
(4) Other evidence of financial responsibility.
(Pub. L. 109–304, §7, Oct. 6, 2006, 120 Stat. 1554.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
44103 | 46 App.:817d(a) (1st–5th, 29th–last words), (b). | Pub. L. 89–777, §2(a) (1st–5th, 29th–last words), (b), Nov. 6, 1966, 80 Stat. 1356. |
In subsection (d)(2), the words "issued by a bonding company authorized to do business in the United States" are substituted for 46 App. U.S.C. 817d(b) to eliminate unnecessary words. The words "or any State thereof or the District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands, or any territory or possession of the United States" are omitted as unnecessary because of the definition of "United States" in chapter 1 of the revised title.
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