Title 46ShippingRelease 119-73

§50304 Sale and transfer of property

Title 46 › Subtitle Subtitle V— - Merchant Marine › Part Part A— - General › Chapter CHAPTER 503— - ADMINISTRATIVE › § 50304

Last updated Apr 6, 2026|Official source

Summary

The Secretary of Transportation can sell property and set the sale terms, but not vessels that were transferred under section 4 of the Merchant Marine Act of 1920. When the President thinks it is in the United States' interest, the President can move control of certain property described in section 17 of the Merchant Marine Act of 1920 (as originally written) from a military department to the Secretary of Transportation. The President can also move that same kind of property from the Secretary of Transportation to a military department by executive order. The order must say why the transfer is needed and how long it will last. When the need ends, control returns to the Secretary of Transportation, and the property cannot be sold except as the law allows. The Secretary of Transportation may, on a reimbursable or nonreimbursable basis as the Secretary decides, charter or make a vessel available to another department when that department asks. If the vessel is in the Ready Reserve Force or the National Defense Reserve Fleet and is being kept for the Department of Defense, the Secretary of Defense must first agree.

Full Legal Text

Title 46, §50304

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(a)The Secretary of Transportation may sell property (other than vessels transferred under section 4 of the Merchant Marine Act, 1920 (ch. 250, 41 Stat. 990)) on terms the Secretary considers appropriate.
(b)When the President considers it in the interest of the United States, the President may transfer to the Secretary of Transportation possession and control of property described in the second paragraph of section 17 of the Merchant Marine Act, 1920 (ch. 250, 41 Stat. 994), as originally enacted, that is possessed and controlled by the Secretary of a military department.
(c)When the President considers it necessary, the President by executive order may transfer to the Secretary of a military department possession and control of property described in section 17 of the Merchant Marine Act, 1920 (ch. 250, 41 Stat. 994), as originally enacted, that is possessed and controlled by the Secretary of Transportation. The President’s order shall state the need for the transfer and the period of the need. When the President decides that the need has ended, the possession and control shall revert to the Secretary of Transportation. The property may not be sold except as provided by law.
(d)On a reimbursable or nonreimbursable basis, as determined by the Secretary of Transportation, the Secretary may charter or otherwise make available a vessel under the jurisdiction of the Secretary to any other department, upon the request by the Secretary of the Department that receives the vessel. The prior consent of the Secretary of Defense for such use shall be required with respect to any vessel in the Ready Reserve Force or in the National Defense Reserve Fleet which is maintained in a retention status for the Department of Defense.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 50304(a)46 App.:872.June 5, 1920, ch. 250, §§ 13, 17, 41 Stat. 993, 994; Exec. Order No. 6166, June 10, 1933, § 12; June 29, 1936, ch. 858, title II, § 204, title IX, § 904, 49 Stat. 1987, 2016; Pub. L. 97–31, § 12(44), (45), Aug. 6, 1981, 95 Stat. 157. 50304(b)46 App.:875 (1st par.). 50304(c)46 App.:875 (last par.). In subsections (b) and (c), the words “property described in the second paragraph of section 17 of the Merchant Marine Act, 1920 (ch. 250, 41 Stat. 994), as originally enacted” are substituted for “such other docks, piers, warehouses, wharves and terminal equipment and facilities or parts thereof, including all leasehold easements, rights of way, riparian rights and other rights, estates or interests therein or appurtenant thereto which were acquired . . . for military or naval purposes during the war emergency”, and the words “property described in section 17 of the Merchant Marine Act, 1920 (ch. 250, 41 Stat. 994), as originally enacted” are substituted for “property taken over by or transferred to . . . under this section”, because the first paragraph of section 17 of the Merchant Marine Act, 1920, was repealed in 1981 and reference to that paragraph is necessary for a complete understanding of these provisions. The words “Secretary of a military department” are substituted for “War Department or the Navy Department” and “Department of the Army, Department of the Air Force, or Department of the Navy” for consistency with other titles of the United States Code. For redesignation of the Department of War to the Department of the Army, and for transfer of certain functions to newly established Department of the Air Force, see section 205(a) and 207(a) and (f) of the National Security Act of 1947 (ch. 343, 61 Stat. 501, 502, 503). In subsection (b), the words “possessed and controlled by” are substituted for “acquired by” for clarity and for consistency in the section. The word “best” is omitted as unnecessary.

Editorial Notes

References in Text

section 4 of the Merchant Marine Act, 1920, referred to in subsec. (a), is section 4 of act
June 5, 1920, ch. 250, 41 Stat. 990, which was classified to section 863 of former Title 46, Shipping, and was repealed by Pub. L. 100–710, title II, § 202(4), Nov. 23, 1988, 102 Stat. 4753. section 17 of the Merchant Marine Act, 1920 (ch. 250, 41 Stat. 994), as originally enacted, referred to in subsecs. (b) and (c), is section 17 of act
June 5, 1920, ch. 250, 41 Stat. 994, which was classified to section 875 of the former Appendix to this title, was subsequently amended, and as amended, was repealed and restated in subsecs. (b) and (c) of this section by Pub. L. 109–304, §§ 8(b), 19, Oct. 6, 2006, 120 Stat. 1556, 1710.

Amendments

2008—Subsec. (d). Pub. L. 110–181 added subsec. (d).

Reference

Citations & Metadata

Citation

46 U.S.C. § 50304

Title 46Shipping

Last Updated

Apr 6, 2026

Release point: 119-73