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U.S Code last checked for updates: Nov 22, 2024
All Titles
Title 46
Subtitle V
Part C
Chapter 539
§ 53903. Insurable interests...
§ 53905. Agency insurance...
§ 53903. Insurable interests...
§ 53905. Agency insurance...
U.S. Code
Notes
§ 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
.)
cite as:
46 USC 53904
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