§535e — Title 33 Navigation and Navigable Waters | U.S. Code

Summary

The person, company, or other entity given permission to build, operate, and maintain an international bridge may sell or transfer those rights. Any sale or transfer must be approved by the Secretary of the department that oversees the Coast Guard. If a State, or one of its subdivisions or agencies, buys the private owner’s rights to the bridge, any license, contract, or order the Secretary issued to the private owner ends immediately. The State will operate the bridge as if it had been the original applicant, and section 535d of this title will not apply.

Title 33, §535e

Navigation and Navigable Waters — Source: USLM XML via OLRC

(a)Nothing in this subchapter shall be deemed to prevent the individual, corporation, or other entity to which, pursuant to this subchapter, authorization has been given to construct, operate, and maintain an international bridge and the approaches thereto, from selling, assigning, or transferring the rights, powers, and privileges conferred by this subchapter: Provided, That such sale, assignment, or transfer shall be subject to approval by the Secretary of the department in which the Coast Guard is operating.

(b)Upon the acquisition by a State or States, or by a subdivision or instrumentality thereof, of the right, title, and interest of a private individual, corporation, or other private entity, in and to an international bridge, any license, contract, or order issued or entered into by the Secretary of the department in which the Coast Guard is operating, to or with such private individual, corporation, or other private entity, shall be deemed terminated forthwith. Thereafter, the State, subdivision, or instrumentality so acquiring shall operate and maintain such bridge in the same manner as if it had been the original applicant, and the provisions of section 535d 11 See References in Text note below. of this title shall not apply.

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 535d of this title, referred to in subsec. (b), was repealed by Pub. L. 100–17, title I, § 135(g), Apr. 2, 1987, 101 Stat. 174.

Amendments

2016—Subsecs. (a), (b). Pub. L. 114–120 substituted “Secretary of the department in which the Coast Guard is operating” for “Secretary of Transportation”.

§535e Ownership