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46 U.S.C. § 57513

Minimum bid

United States · Title 46 — SHIPPING · Status: effective

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46 U.S.C. § 57513, Minimum bid, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/488449
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Full text

The Secretary of Transportation shall reject any bid for the charter under this subchapter of a vessel constructed under this subtitle or the Merchant Marine Act, 1936, if the charter hire offered is lower than the minimum charter hire would be if the vessel were chartered under section 57531 of this title.

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