Title 46, ShippingRelease 119-102

§30902 Definition

Title 46 › Subtitle III — Maritime Liability › CHAPTER 309 — SUITS IN ADMIRALTY AGAINST THE UNITED STATES › § 30902

Last updated Aug 21, 2026|Official source

Summary

Says a "federally-owned corporation" is a company whose entire issued stock is owned by the United States.

Full Legal Text

Title 46, §30902

Shipping, Source: USLM XML via OLRC

In this chapter, the term “federally-owned corporation” means a corporation in which the United States owns all the outstanding capital stock.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

Revised SectionSource (U.S. Code)Source (Statutes at Large) 3090246 App.:741 (11th–26th words).Mar. 9, 1920, ch. 95, § 1 (11th–26th words), 41 Stat. 525. The term “federally-owned corporation” is defined in this section and used in this chapter to avoid repeating the substance of the definition in several sections in this chapter. The words “or its representatives” are omitted as unnecessary.

Reference

Citations & Metadata

Citation

46 U.S.C. § 30902

Title 46, Shipping

Last Updated

Aug 21, 2026

Release point: 119-102