Title 46 › Subtitle III — Maritime Liability › CHAPTER 305 — EXONERATION AND LIMITATION OF LIABILITY › SUBCHAPTER II — EXONERATION AND LIMITATION OF LIABILITY › § 30529
A vessel owner can go to a U.S. district court to limit how much they must pay. The owner must start the case within 6 months after a claimant gives written notice of a claim. The owner can choose to either deposit with the court, or transfer to a court-appointed trustee, the value of the owner’s interest in the vessel and pending freight (or approved security) plus any extra amount or security the court requires. Once the owner does this, other claims or lawsuits about the same matter must stop.
Full Legal Text
Shipping, Source: USLM XML via OLRC
Legislative History
Reference
Citation
46 U.S.C. § 30529
Title 46, Shipping
Last Updated
Sep 22, 2026
Release point: 119-110