Title 46 — ShippingRelease 119-73not60
§56103 Conditional Approvals
Title 46 › Subtitle Subtitle V— Merchant Marine › Part E— Control of Merchant Marine Capabilities › Chapter 561— RESTRICTIONS ON TRANSFERS › § 56103
Summary
The Secretary of Transportation can approve an act or transaction either without limits or with conditions they think are needed. The Secretary must put those conditions in the approval notice. Breaking a condition gets the same penalties as doing the act without approval, and the violation is counted from the moment the condition is broken.
Full Legal Text
Title 46, §56103
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(a)In approving an act or transaction under section 56101 or 56102 of this title, the Secretary of Transportation may do so absolutely or upon conditions the Secretary considers advisable. The Secretary shall state the conditions in the notice of approval.
(b)A violation of a condition of approval is subject to the same penalties as a violation resulting from an act done without the required approval. The violation occurs at the time the condition is violated.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 5610346 App.:839 (1st par.).Sept. 7, 1916, ch. 451, § 41 (1st par.), as added July 15, 1918, ch. 152, § 4, 40 Stat. 902; Exec. Order No. 6166, June 10, 1933, § 12; June 29, 1936, ch. 858, title II, § 204, title IX, § 904, 49 Stat. 1987, 2016; Pub. L. 97–31, § 12(32), Aug. 6, 1981, 95 Stat. 156. This section is substituted for the source provision to eliminate unnecessary words.
Reference
Citations & Metadata
Citation
46 U.S.C. § 56103
Title 46 — Shipping
Last Updated
Apr 5, 2026
Release point: 119-73not60