Us Code § 38 - Association of marine insurance companies; application of antitrust laws

Full text of Us Code United States Code § 38 — Association of marine insurance companies; application of antitrust laws, with citation guidance and answers to common questions.

§ 38. Association of marine insurance companies; application of antitrust laws

(a) Whenever used in this section—

(1) The term "association" means any association, exchange, pool, combination, or other arrangement for concerted action; and

(2) The term "marine insurance companies" means any persons, companies, or associations, authorized to write marine insurance or reinsurance under the laws of the United States or of a State, Territory, District, or possession thereof.


(b) Nothing contained in the "antitrust laws" as designated in section 12 of this title, shall be construed as declaring illegal an association entered into by marine insurance companies for the following purposes: To transact a marine insurance and reinsurance business in the United States and in foreign countries and to reinsure or otherwise apportion among its membership the risks undertaken by such association or any of the component members.

(June 5, 1920, ch. 250, §29, 41 Stat. 1000.)


Editorial Notes

Codification

Section was classified to section 885 of the former Appendix to Title 46, prior to the completion of the enactment of Title 46, Shipping, by Pub. L. 109–304, Oct. 6, 2006, 120 Stat. 1485.

CHAPTER 2—FEDERAL TRADE COMMISSION; PROMOTION OF EXPORT TRADE AND PREVENTION OF UNFAIR METHODS OF COMPETITION

SUBCHAPTER I—FEDERAL TRADE COMMISSION

Sec.
41.
Federal Trade Commission established; membership; vacancies; seal.
42.
Employees; expenses.
43.
Office and place of meeting.
44.
Definitions.
45.
Unfair methods of competition unlawful; prevention by Commission.
45a.
Labels on products.
45b.
Consumer review protection.
45c.
Unfair and deceptive acts and practices relating to circumvention of ticket access control measures.
45d.
Unfair or deceptive acts or practices with respect to substance use disorder treatment service and products.
45e.
Office for the prevention of fraud targeting seniors.
45f.
Collection, verification, and disclosure of information by online marketplaces to inform consumers.
46.
Additional powers of Commission.
46a.
Concurrent resolution essential to authorize investigations
47.
Reference of suits under antitrust statutes to Commission.
48.
Information and assistance from departments.
49.
Documentary evidence; depositions; witnesses.
50.
Offenses and penalties.
51.
Effect on other statutory provisions.
52.
Dissemination of false advertisements.
53.
False advertisements; injunctions and restraining orders.
54.
False advertisements; penalties.
55.
Additional definitions.
56.
Commencement, defense, intervention and supervision of litigation and appeal by Commission or Attorney General.
57.
Separability clause.
57a.
Unfair or deceptive acts or practices rulemaking proceedings.
57a–1.
Omitted.
57b.
Civil actions for violations of rules and cease and desist orders respecting unfair or deceptive acts or practices.
57b–1.
Civil investigative demands.
57b–2.
Confidentiality.
57b–2a.
Confidentiality and delayed notice of compulsory process for certain third parties.
57b–2b.
Protection for voluntary provision of information.
57b–3.
Rulemaking process.
57b–4.
Good faith reliance on actions of Board of Governors.
57b–5.
Agricultural cooperatives.
57c.
Authorization of appropriations.
57c–1.
Staff exchanges.
57c–2.
Reimbursement of expenses.
58.
Short title.

        

SUBCHAPTER II—PROMOTION OF EXPORT TRADE

61.
Export trade; definitions.
62.
Export trade and antitrust legislation.
63.
Acquisition of stock of export trade corporation.
64.
Unfair methods of competition in export trade.
65.
Information required from export trade corporation; powers of Federal Trade Commission.
66.
Short title.

        

SUBCHAPTER III—LABELING OF WOOL PRODUCTS

68.
Definitions.
68a.
Misbranding declared unlawful.
68b.
Misbranded wool products.
68c.
Stamp, tag, label, or other identification.
68d.
Enforcement of subchapter.
68e.
Condemnation and injunction proceedings.
68f.
Exclusion of misbranded wool products.
68g.
Guaranty.
68h.
Criminal penalty.
68i.
Application of other laws.
68j.
Exceptions from subchapter.

        

SUBCHAPTER IV—LABELING OF FUR PRODUCTS

69.
Definitions.
69a.
Violations of Federal Trade Commission Act.
69b.
Misbranded fur products.
69c.
False advertising and invoicing.
69d.
Fur products imported into United States.
69e.
Name guide for fur products.
69f.
Enforcement of subchapter.
69g.
Condemnation and injunction proceedings.
69h.
Guaranty.
69i.
Criminal penalty.
69j.
Application of other laws.

        

SUBCHAPTER V—TEXTILE FIBER PRODUCTS IDENTIFICATION

70.
Definitions.
70a.
Violations of Federal Trade Commission Act.
70b.
Misbranded and falsely advertised textile fiber products.
70c.
Removal of stamp, tag, label, or other identification.
70d.
Records.
70e.
Enforcement.
70f.
Injunction proceedings.
70g.
Exclusion of misbranded textile fiber products.
70h.
Guaranty.
70i.
Criminal penalty.
70j.
Exemptions.
70k.
Application of other laws.

        

SUBCHAPTER VI—PREVENTION OF UNFAIR METHODS OF COMPETITION

71.
"Person" defined.
72.
Repealed.
73.
Agreements involving restrictions in favor of imported goods.
74.
Rules and regulations.
75.
Retaliation against country prohibiting importations.
76.
Retaliation against restriction of importations in time of war.
77.
Discrimination against neutral Americans in time of war.

        

SUBCHAPTER I—FEDERAL TRADE COMMISSION

About This Section

15 U.S.C. § 38 is part of Title 15 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.

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Sources

Source: official Us Code text · Last verified 2026-08-27

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Frequently Asked Questions About Us Code § 38

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