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46 U.S.C. § 57518

Title 46 Chapter 575 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 57518. Performance bond

The Secretary of Transportation shall require a charterer of a vessel of the Secretary to deposit with the Secretary an undertaking, with approved sureties, in such amount as the Secretary may require as security for the faithful performance of the terms of the charter, including indemnity against liens on the chartered vessel.

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