US Code · Through Public Law 119-103 (09/02/2026)

46 U.S.C. § 57518: Performance bond

Where this section sits in the code

Title 46—SHIPPING
CHAPTER 575—CONSTRUCTION, CHARTER, AND SALE OF VESSELS

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.

Collected 2026-09-10T06:00:50Z. Source file · JSON

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