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2017 US Code
Title 46 - Shipping
Subtitle V - Merchant Marine
Part F - Government-Owned Merchant Vessels
Chapter 575 - Construction, Charter, and Sale of Vessels
Subchapter II - Charters
Sec. 57514 - Qualifications of bidders
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| 46 U.S.C. § 57514 (2017) | ||||||
| §57514. Qualifications of bidders | ||||||
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(a) Considerations.—In deciding whether to award a charter to a bidder, the Secretary of Transportation shall consider— (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) Disqualifications.—The Secretary may not charter a vessel to a person appearing to lack sufficient capital, credit, and experience to operate the vessel successfully over the period covered by the charter. |
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(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1666.) |
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| United States Code, 2012 Edition, Supplement 5, Title 46 - SHIPPING | ||||||
| Bills and Statutes | ||||||
| United States Code | ||||||
| Y 1.2/5: | ||||||
| Title 46 - SHIPPING Subtitle V - Merchant Marine Part F - Government-Owned Merchant Vessels CHAPTER 575 - CONSTRUCTION, CHARTER, AND SALE OF VESSELS SUBCHAPTER II - CHARTERS Sec. 57514 - Qualifications of bidders |
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| section 57514 | ||||||
| 2017 | ||||||
| January 12, 2018 | ||||||
| Yes | ||||||
| standard | ||||||
| 49 Stat. 2010 95 Stat. 164 120 Stat. 1666 |
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| Public Law 97-31, Public Law 109-304 |
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