U.S. Code » Title 46 » Subtitle Subtitle V— Merchant Marine › Part Part E— Control of Merchant Marine Capabilities › Chapter CHAPTER 565— ESSENTIAL VESSELS AFFECTED BY NEUTRALITY ACT

46 U.S.C. § 56501

Definition

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In this chapter, the term “essential vessel” means a vessel that is—(1)(A) security for a mortgage indebtedness to the United States Government; or(B) constructed under this subtitle or required by a contract under this subtitle to be operated on a certain essential foreign trade route; and(2) necessary in the interests of commerce and national defense to be maintained in condition for prompt use.(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1656.)

Historical and Revision Notes

Revised

Section

Source (U.S. Code)

Source (Statutes at Large)

56501

46 App.:1242a(a).

June 29, 1940, ch. 442, subdiv. (a), 54 Stat. 684.