{"data":{"id":"us/46-u.s.c.-53308","jurisdiction":"us","citation":"46 U.S.C. § 53308","heading":"Order and proportions of deposits and withdrawals","body":"In this chapter—(1) if the net proceeds of a sale or the net indemnity for a loss is deposited in more than one deposit, the amount consisting of the gain shall be deemed to be deposited first; (2) amounts expended, obligated, or otherwise withdrawn shall be applied against the amounts deposited in the fund in the order of deposit; and (3) if a deposit consists in part of a gain not recognized under section 53306 of this title, any expenditure, obligation, or withdrawal applied against that deposit shall be deemed to be a gain in the proportion that the part of the deposit consisting of a gain bears to the total amount of the deposit.","path":["Title 46—SHIPPING","CHAPTER 533—CONSTRUCTION RESERVE FUNDS"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc46@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T06:00:50Z","sha256":"ea158791860460baacb73e8e8b20c6d2794e5ca12974842f5eefe666181fcda1","source_id":"us","stale":false,"prev":"us/46-u.s.c.-53307","next":"us/46-u.s.c.-53309"},"notice":"GroundRules: Original legal text. Not legal advice."}