Title 46 › Subtitle Subtitle III— Maritime Liability › Chapter 305— EXONERATION AND LIMITATION OF LIABILITY › Subchapter II— EXONERATION AND LIMITATION OF LIABILITY › § 30529
A ship owner can file a lawsuit in a federal court to limit how much money they must pay after a claim. The owner must file within 6 months after someone sends the owner a written notice of a claim. The owner must then either put with the court the value of the owner’s share of the ship and any unpaid freight plus any extra money or court‑approved security the judge requires, or give the ship and that money/security to a court‑appointed trustee for claimants. After the owner does this, all related claims and lawsuits against the owner 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 5, 2026
Release point: 119-73not60