Liability insurance for persons involved in war or defense efforts
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Law
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USC 46
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Shipping
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Merchant Marine
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Financial Assistance Programs
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WAR RISK INSURANCE
- Liability insurance for persons involved in war or defense efforts
§53904. Liability insurance for persons involved in war or defense efforts
(a) In General.-The Secretary of Transportation may provide insurance under this chapter against legal liability that a person may incur in providing services or facilities for a vessel if, in the opinion of the Secretary, the insurance-
(1) is required in prosecuting a war or for national defense; and
(2) cannot be obtained at reasonable rates or on reasonable terms and conditions from approved companies authorized to do insurance business in a State of the United States.
(b) Limitations.-Employer liability insurance and worker compensation insurance against legal liability to employees may not be provided under this section.
(
Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1628
.)
Historical and Revision Notes
Revised Section
| Source (U.S. Code) | Source (Statutes at Large) |
53904 |
46 App.:1286. |
June 29, 1936, ch. 858, title XII, §1206, as added Sept. 7, 1950, ch. 906, 64 Stat. 774
; Aug. 3, 1956, ch. 929, §5, 70 Stat. 986
. |
In subsection (a), the words "a vessel" are substituted for "any American- or foreign-flag vessel, public or private" to eliminate unnecessary words.
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