Title 46 › Subtitle V — Merchant Marine › Part A — General › CHAPTER 503 — ADMINISTRATIVE › § 50304
The Secretary of Transportation can sell government property on whatever terms the Secretary chooses, except for vessels moved under section 4 of the Merchant Marine Act, 1920. The President can move control of the kinds of property listed in section 17 of the Merchant Marine Act, 1920, from a military department to the Secretary of Transportation when it’s in the nation’s interest, and can move such property from Transportation to a military department when needed. If the President moves property to the military, the order must say why and how long it’s needed. Control goes back to the Secretary of Transportation when the need ends, and the property cannot be sold unless the law allows it. The Secretary of Transportation may also rent or lend vessels to other departments, paid or unpaid, if asked. But the Secretary of Defense must agree before vessels in the Ready Reserve Force or the National Defense Reserve Fleet that are being kept for the Department of Defense can be used.
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Reference
Citation
46 U.S.C. § 50304
Title 46, Shipping
Last Updated
Sep 22, 2026
Release point: 119-110