2018 US Code
Title 46 - Shipping
Subtitle III - Maritime Liability
Chapter 313 - Commercial Instruments and Maritime Liens
Subchapter I - General
Sec. 31308 - Secretary of Commerce or Transportation as mortgagee

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Citation 46 U.S.C. § 31308 (2018)
Section Name §31308. Secretary of Commerce or Transportation as mortgagee
Section Text

The Secretary of Commerce or Transportation, as a mortgagee under this chapter, may foreclose on a lien arising from a right established under a mortgage under chapter 537 of this title, subject to section 362(b) of title 11.

Source Credit

(Pub. L. 100–710, title I, §102(c), Nov. 23, 1988, 102 Stat. 4741; Pub. L. 101–595, title VI, §603(13), Nov. 16, 1990, 104 Stat. 2993; Pub. L. 109–304, §15(28), Oct. 6, 2006, 120 Stat. 1704; Pub. L. 111–281, title IX, §913(b), Oct. 15, 2010, 124 Stat. 3017.)

Editorial Notes
Historical and Revision Notes
Revised sectionSource section (U.S. Code)
31308 46:952 (last sentence)

Section 31308 allows the Secretary of Commerce or Transportation to foreclose on a lien arising from a right established under a mortgage under title XI of the Merchant Marine Act, 1936. This section makes no substantive change to law.

AMENDMENTS

2010—Pub. L. 111–281 substituted "The Secretary of Commerce or Transportation, as a mortgagee under this chapter," for "When the Secretary of Commerce or Transportation is a mortgagee under this chapter, the Secretary".

2006—Pub. L. 109–304 substituted "chapter 537 of this title" for "title XI of the Merchant Marine Act, 1936 (46 App. U.S.C. 1271 et seq.)".

1990—Pub. L. 101–595 substituted "(46 App. U.S.C. 1271 et seq.)" for "(46 App. U.S.C. 1241 et seq.)".

EFFECTIVE DATE

Section effective Jan. 1, 1989, with certain exceptions and qualifications, see section 107 of Pub. L. 100–710, set out as a note under section 31301 of this title.

Publication Title United States Code, 2018 Edition, Title 46 - SHIPPING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 46 - SHIPPING
Subtitle III - Maritime Liability
CHAPTER 313 - COMMERCIAL INSTRUMENTS AND MARITIME LIENS
SUBCHAPTER I - GENERAL
Sec. 31308 - Secretary of Commerce or Transportation as mortgagee
Contains section 31308
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law Yes
Disposition standard
Statutes at Large References 102 Stat. 4741
104 Stat. 2993
120 Stat. 1704
124 Stat. 3017
Public Law References Public Law 100-710, Public Law 101-595, Public Law 109-304, Public Law 111-281
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