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46 U.S.C. § 53506

Investment and fiduciary requirements

United States · Title 46 — SHIPPING · Status: effective

Banking, Finance & Insurance
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46 U.S.C. § 53506, Investment and fiduciary requirements, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/488271
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Full text

With the approval of the Secretary, an agreed percentage (but not more than 60 percent) of the assets of the fund may be invested in the stock of domestic corporations that—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 109-304(H.R. 1442)2006-10-06
    To complete the codification of title 46, United States Code, "Shipping", as positive law.
    House: no recorded tallySenate: no recorded tally