Title 46 › Subtitle Subtitle V— Merchant Marine › Part A— General › Chapter 503— ADMINISTRATIVE › § 50304
The Secretary of Transportation can sell federal property on terms the Secretary chooses, but not ships moved under section 4 of the Merchant Marine Act of 1920. The President can move control of the kinds of property named in section 17 of the Merchant Marine Act of 1920 from a military department to the Secretary of Transportation when it helps the United States. The President can also move those same items from the Secretary of Transportation to a military department when needed. The President’s order must say why and how long. Control goes back when the need ends. The property cannot be sold except as the law allows. The Secretary of Transportation can also charter or lend a vessel to another federal department, either for payment or for free, as the Secretary decides and when that department’s head asks. The Secretary of Defense must agree first for any ship in the Ready Reserve Force or the National Defense Reserve Fleet that is being kept for Defense.
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Shipping — Source: USLM XML via OLRC
Legislative History
Reference
Citation
46 U.S.C. § 50304
Title 46 — Shipping
Last Updated
Apr 5, 2026
Release point: 119-73not60