Title 46 › Subtitle III — Maritime Liability › CHAPTER 313 — COMMERCIAL INSTRUMENTS AND MARITIME LIENS › SUBCHAPTER I — GENERAL › § 31306
When a document is filed to transfer any interest in a vessel, the person receiving the interest must include a written declaration in the form the Secretary sets by rule. The declaration must give citizenship and other facts the Secretary requires to show the transfer does not break sections 56102 or 56103. Except as the Secretary allows, the transfer is not effective against others until that declaration is filed. If a corporation files the declaration, it must be signed by its president, secretary, treasurer, or another official the corporation authorizes. Knowingly lying about an important fact in the declaration can lead to a fine under title 18, up to 5 years in prison, or both.
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Legislative History
Reference
Citation
46 U.S.C. § 31306
Title 46, Shipping
Last Updated
Aug 21, 2026
Release point: 119-102