§53908. Additional insurance privately obtained
Enacted 2006 · reading the current textFull lineage →
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Latest NOW As originally enacted Oct 6, 200646 U.S.C. § 53908
With the approval of the Secretary of Transportation, a person having an insurable interest in a vessel may obtain insurance on the vessel with other underwriting agents in addition to the insurance with the Secretary. The Secretary is not entitled to the benefit of the additional insurance.
Notes, amendments, and revision history
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1630.)
| Historical and Revision Notes | ||
|---|---|---|
| Revised Section |
Source (U.S. Code) | Source (Statutes at Large) |
| 53908 | 46 App.:1293. | June 29, 1936, ch. 858, title XII, § 1213, as added Sept. 7, 1950, ch. 906, 64 Stat. 777; Pub. L. 97–31, § 12(141), Aug. 6, 1981, 95 Stat. 166. |