Source: https://www.law.cornell.edu/uscode/text/46/53903
Timestamp: 2018-01-19 09:55:33
Document Index: 293285767

Matched Legal Cases: ['§ 53903', '§ 53903', '§ 53903', '§\u202f53903', '§\u202f8', '§\u202f1203', '§\u202f1', '§\u202f1204']

46 U.S. Code § 53903 - Insurable interests | US Law | LII / Legal Information Institute
U.S. Code › Title 46 › Subtitle V › Part C › Chapter 539 › § 53903
46 U.S. Code § 53903 - Insurable interests
§ 53903.
(a)In General.—The Secretary of Transportation may provide insurance and reinsurance under this chapter for—
(2) a foreign vessel—
(3)cargo—
(b)Considerations for Foreign Vessels.—
In determining whether to provide insurance or reinsurance for a foreign vessel, the Secretary shall consider the characteristics, employment, and general management of the vessel by the owner or charterer.
(c)Non-War Risks.—
Insurance of a risk under subsection (a)(5)–(7), insofar as it involves a liability related to an individual on the vessel, may include risks other than war risks to the extent the Secretary considers advisable.
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1627.)
53903(a)
June 29, 1936, ch. 858, title XII, § 1203(a) (1st, 2d sentences), (b) (1st sentence), (c)–(f), as added Sept. 7, 1950, ch. 906, 64 Stat. 773, 774; Pub. L. 94–523, §§ 1–3, Oct. 17, 1976, 90 Stat. 2474.
June 29, 1936, ch. 858, title XII, § 1204, as added Sept. 7, 1950, ch. 906, 64 Stat. 774.