46 U.S.C. § 30902

Definition

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In this chapter, the term “federally-owned corporation” means a corporation in which the United States owns all the outstanding capital stock.

Notes of Decisions

Cited in 2 cases (1 in the last 5 years), 2008–2025 · leading case: Argusea Ldc v. United States, 622 F. Supp. 2d 1322 (S.D. Fla. 2008).

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Argusea Ldc v. United States, 622 F. Supp. 2d 1322 (S.D. Fla. 2008). “Plaintiff brought suit under the Suits in Admiralty Act (“SAA”), 46 U.S.C. § 30902 et seg., which waives sovereign immunity and allows suit against the United States.”

Paulk v. Tennessee Valley Auth. (N.D. Ala. 2025). “2 2 The court assumes without deciding two of TVA’s premises that Plaintiffs do not directly challenge: (1) TVA is a “federally-owned corporation” subject to the SAA, 46 U.S.C. § 30902 , and (2) binding Eleventh Circuit precedent holds that the SAA does not waive a government…”

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