§ 57521 - Termination of charter during national emergency

CHAPTER 575— CONSTRUCTION, CHARTER, AND SALE OF VESSELS › SUBCHAPTER II— CHARTERS

A charter under this chapter shall provide that during a national emergency proclaimed by the President or a period for which the President has proclaimed that the security of the national defense makes it advisable, the Secretary of Transportation may terminate the charter without cost to the United States Government on such notice to the charterer as the President determines.

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 5752146 App.:1202(d).June 29, 1936, ch. 858, title VII, § 712(d), 49 Stat. 2010; Aug. 7, 1939, ch. 555, § 1, 53 Stat. 1254; Pub. L. 97–31, § 12(114), Aug. 6, 1981, 95 Stat. 163.