U.S Code last checked for updates: May 07, 2024
§ 56307.
Return of vessels
When a vessel requisitioned for use but not ownership is returned to the owner, the Secretary of Transportation shall—
(1)
return the vessel in a condition at least as good as when taken, less ordinary wear and tear; or
(2)
pay the owner an amount sufficient to recondition the vessel to that condition, less ordinary wear and tear.
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1656.)
cite as: 46 USC 56307