Title 46 › Subtitle Subtitle V— - Merchant Marine › Part Part C— - Financial Assistance Programs › Chapter CHAPTER 532— - CABLE SECURITY FLEET › § 53201
Defines the main words used in the chapter. It tells what each key term means so people know who and what the rules apply to. Cable services: work on submarine cables, including installing, fixing, and the related ship tasks. Cable vessel: a ship classed as a cable ship by the American Bureau of Shipping or another classification society the Secretary accepts, and able to install, maintain, and repair submarine cables. Cable Fleet: the Cable Security Fleet created under the chapter. Contingency Agreement: the specific agreement the chapter requires. Contractor: a vessel owner or operator that signs an Operating Agreement with the Secretary. Operating Agreement (or Agreement): the required agreement under the chapter. Operating Agency: the part of the Department of Defense that the Secretary of Defense names. Person: people, companies, partnerships, and associations formed under U.S. or foreign law. Secretary: the Secretary of Transportation. United States: the States, the District of Columbia, Puerto Rico, the Northern Mariana Islands, Guam, American Samoa, and the Virgin Islands. Fiscal year: the 12‑month period from October 1 to September 30. United States citizen trust: a trust made under U.S. state law whose trustees are U.S. citizens and whose trustees swear there is no beneficiary or other person who is not a U.S. citizen and who would hold more than 25 percent of the power to control or limit a trustee’s authority over vessel ownership or operation in ways that could harm U.S. interests; if non‑U.S. persons can direct trustees or remove them without cause, the trust is not qualified unless the trust document limits non‑U.S. persons to at most 25 percent of that authority. It does not stop a non‑U.S. person from owning more than 25 percent of the beneficial (financial) interest in a trust.
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Shipping — Source: USLM XML via OLRC
Reference
Citation
46 U.S.C. § 53201
Title 46 — Shipping
Last Updated
Apr 6, 2026
Release point: 119-73