United States Code · Section
§ 57304 — Eligible Acquisition Dates
46 U.S.C. § 57304
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At the option of the owner, the acquisition of an obsolete vessel under this chapter shall occur—
(1) when the owner contracts for the construction or purchase of a new vessel; or
(2) within 5 days of the actual date of delivery of the new vessel to the owner.
Implementing Regulations
No implementing regulations found.