2016 US Code
Title 46 - Shipping
Subtitle III - Maritime Liability
Chapter 313 - Commercial Instruments and Maritime Liens
Subchapter II - Commercial Instruments
Sec. 31324 - Retention and examination of mortgages of vessels covered by preferred mortgages
| 46 U.S.C. § 31324 (2016) | ||||
| §31324. Retention and examination of mortgages of vessels covered by preferred mortgages | ||||
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(a) On request, the owner, master, or individual in charge of a vessel covered by a preferred mortgage shall permit a person to examine the mortgage if the person has business with the vessel that may give rise to a maritime lien or the sale, conveyance, mortgage, or assignment of a mortgage of the vessel. (b) A mortgagor of a preferred mortgage covering a self-propelled vessel shall use diligence in keeping a certified copy of the mortgage on the vessel. |
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(Pub. L. 100–710, title I, §102(c), Nov. 23, 1988, 102 Stat. 4744.) |
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Section 31324(a) provides for examination of mortgages of a vessel that is covered by a preferred mortgage by persons that have business with the vessel that may give rise to a maritime lien or the sale, conveyance, mortgage, or assignment of the mortgage. This subsection makes no substantive change to law. Section 31324(b) requires that a certified copy of the mortgage must be on board a self-propelled vessel. This subsection makes no substantive change to law. |
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| United States Code, 2012 Edition, Supplement 4, Title 46 - SHIPPING | ||||
| Bills and Statutes | ||||
| United States Code | ||||
| Y 1.2/5: | ||||
| Title 46 - SHIPPING Subtitle III - Maritime Liability CHAPTER 313 - COMMERCIAL INSTRUMENTS AND MARITIME LIENS SUBCHAPTER II - COMMERCIAL INSTRUMENTS Sec. 31324 - Retention and examination of mortgages of vessels covered by preferred mortgages |
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| section 31324 | ||||
| 2016 | ||||
| January 6, 2017 | ||||
| Yes | ||||
| standard | ||||
| 102 Stat. 4744 | ||||
| Public Law 100-710 |
