46-U.S.C.-31308
§31308 – Secretary of Commerce Or Transportation As Mortgagee
Pathway
Title 46 > Subtitle III > Chapter 313 > Subchapter I > Section 31308
Details
- Reference: Section 31308
- Legend: §31308 – Secretary of Commerce Or Transportation As Mortgagee
- USCode Year: 2013
Provision Content
The Secretary of Commerce or Transportation, as a mortgagee under this chapter, may foreclose on a lien arising from a right established under a mortgage under chapter 537 of this title, subject to section 362(b) of title 11.
(Pub. L. 100–710, title I, §102(c), Nov. 23, 1988, 102 Stat. 4741; Pub. L. 101–595, title VI, §603(13), Nov. 16, 1990, 104 Stat. 2993; Pub. L. 109–304, §15(28), Oct. 6, 2006, 120 Stat. 1704; Pub. L. 111–281, title IX, §913(b), Oct. 15, 2010, 124 Stat. 3017.)
| Revised section | Source section (U.S. Code) |
|---|---|
| 31308 | 46:952 (last sentence) |
Section 31308 allows the Secretary of Commerce or Transportation to foreclose on a lien arising from a right established under a mortgage under title XI of the Merchant Marine Act, 1936. This section makes no substantive change to law.
Amendments
2010—Pub. L. 111–281 substituted The Secretary of Commerce or Transportation, as a mortgagee under this chapter, for When the Secretary of Commerce or Transportation is a mortgagee under this chapter, the Secretary.
2006—Pub. L. 109–304 substituted chapter 537 of this title for title XI of the Merchant Marine Act, 1936 (46 App. U.S.C. 1271 et seq.).
1990—Pub. L. 101–595 substituted (46 App. U.S.C. 1271 et seq.) for (46 App. U.S.C. 1241 et seq.).
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