Title 46 › Subtitle Subtitle III— - Maritime Liability › Chapter CHAPTER 305— - EXONERATION AND LIMITATION OF LIABILITY › Subchapter SUBCHAPTER II— - EXONERATION AND LIMITATION OF LIABILITY › § 30529
An owner of a vessel can file a lawsuit in a U.S. district court to limit how much they might have to pay. The owner must file within 6 months after someone gives them a written notice of a claim. When the suit is filed, the owner must either put into court (or give to a court-appointed trustee) an amount equal to the value of the owner’s interest in the vessel and pending freight or other court-approved security, plus any extra money or security the court later requires. After the owner does this, all claims and lawsuits against the owner about that matter stop.
Full Legal Text
Shipping — Source: USLM XML via OLRC
Legislative History
Reference
Citation
46 U.S.C. § 30529
Title 46 — Shipping
Last Updated
Apr 6, 2026
Release point: 119-73