46 U.S.C. § 31303

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)

Section 31303 - Certain civil actions not authorized

If a mortgage covers a vessel and additional property that is not a vessel, this chapter does not authorize a civil action in rem to enforce the rights of the mortgagee under the mortgage against the additional property.

46 U.S.C. § 31303

Pub. L. 100-710, title I, §102(c), Nov. 23, 1988, 102 Stat. 4740.

HISTORICAL AND REVISION NOTES
Revised section	Source section (U.S. Code)
31303	46:954(b)

Section 31303 makes it clear that, if a mortgage covers a vessel and additional property that is not a vessel, this chapter does not authorize a civil action in rem in admiralty to enforce rights against the additional property. This section makes no substantive change to law.

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATESection effective Jan. 1, 1989, with certain exceptions and qualifications, see section 107 of Pub. L. 100-710 set out as a note under section 31301 of this title.

mortgagee

"mortgagee" means-(A) a person to whom property is mortgaged; or(B) when a mortgage on a vessel involves a trust, the trustee that is designated in the trust agreement;