Source: https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title46-section50303&num=0&edition=prelim
Timestamp: 2020-08-08 04:25:55
Document Index: 105510406

Matched Legal Cases: ['§ 50303', '§8', '§3512', '§202', '§1', '§1', '§12']

[USC02] 46 USC 50303: Operating property and extending term of notes
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46 USC 50303: Operating property and extending term of notes Text contains those laws in effect on August 7, 2020
(a) General Authority.-The Secretary of Transportation may-
(2) make extensions and accept renewals of-
(b) Terms of Transactions.-A transaction under subsection (a) shall be on terms the Secretary considers necessary to carry out the purposes of this subtitle, but consistent with sound business practice.
(c) Availability of Amounts.-Amounts received by the Secretary from a transaction under this section are available for expenditure by the Secretary as provided in this subtitle.
( Pub. L. 109–304, §8(b), Oct. 6, 2006, 120 Stat. 1564 ; Pub. L. 110–181, div. C, title XXXV, §3512, Jan. 28, 2008, 122 Stat. 594 .)
50303 46 App.:1112. June 29, 1936, ch. 858, title II, §202, 49 Stat. 1986 ; Aug. 26, 1937, ch. 822, §1, 50 Stat. 839 ; June 23, 1938, ch. 600, §1, 52 Stat. 953 ; Pub. L. 97–31, §12(60), Aug. 6, 1981, 95 Stat. 158 .
2008-Subsec. (a)(1). Pub. L. 110–181 inserted "vessels," after "piers," and substituted "control, except that the prior consent of the Secretary of Defense for such use shall be required with respect to any vessel in the Ready Reserve Force or in the National Defense Reserve Fleet which is maintained in a retention status for the Department of Defense;" for "control;".