---
kind: "section"
citation: "46 U.S.C. § 53719"
title: "46"
title_heading: "Shipping"
number: "53719"
heading: "Best practices"
release: "119-102"
url: "https://uscodex.org/usc/46/53719"
units:
  - "Subtitle V — Merchant Marine"
  - "Part C — Financial Assistance Programs"
  - "Chapter 537 — Loans and Guarantees"
  - "Subchapter I — General"
---

# §53719. Best practices


The [Secretary](/usc/46/53701.md?p=13) or [Administrator](/usc/46/53701.md?p=2) shall ensure that all standard documents and agreements that relate to loan guarantees made pursuant to this chapter are reviewed and updated every four years to ensure that such documents and agreements meet the current commercial best practices to the extent permitted by law.


## Source credit

(Added Pub. L. 116–92, div. C, title XXXV, § 3506(i)(1), Dec. 20, 2019, 133 Stat. 1973.)