46 USC 58103 - Employing another person as managing or operating agent

U.S Code last checked for updates: Nov 23, 2024

§ 58103.

Employing another person as managing or operating agent

(a)

Prohibition.—

Except with the written consent of the Secretary of Transportation, a contractor holding a contract under the operating-differential subsidy program or under chapter 575 of this title may not—

(1)

employ another person as the managing or operating agent of the operator; or

(2)

charter a vessel, on which an operating-differential subsidy is to be paid, for operation by another person.

(b)

Applicability of Provisions to Charterer.—

If a charter prohibited by this section is made, the person operating the chartered vessel is subject to all the provisions of this subtitle and the operating-differential subsidy program, including limitations of profits and salaries.

(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1671.)

cite as: 46 USC 58103