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United States Code (Last Updated: May 24, 2014) |
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Title 46. SHIPPING |
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SubTitle V. Merchant Marine |
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Part F. Government-Owned Merchant Vessels |
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Chapter 575. CONSTRUCTION, CHARTER, AND SALE OF VESSELS |
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SubChapter II. CHARTERS |
§ 57513. Minimum bid
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The Secretary of Transportation shall reject any bid for the charter under this subchapter of a vessel constructed under this subtitle or the Merchant Marine Act, 1936, if the charter hire offered is lower than the minimum charter hire would be if the vessel were chartered under section 57531 of this title.
Historical And Revision
Historical and Revision Notes | ||
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Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
57513 | 46 App.:1196(b) (last sentence). | June 29, 1936, ch. 858, title VII, § 706(b) (last sentence), as added Aug. 4, 1939, ch. 417, § 11(b), 53 Stat. 1186; Pub. L. 97–31, § 12(108), Aug. 6, 1981, 95 Stat. 163. |
References In Text
The Merchant Marine Act, 1936, referred to in text, is act June 29, 1936, ch. 858, 49 Stat. 1985, which enacted provisions set out as notes under section 53101 of this title. For complete classification of this Act to the Code, see Short Title of 1936 Amendment note set out under section 101 of this title and Tables.