Us Code § 57515 - Awarding of charters
Full text of Us Code United States Code § 57515 — Awarding of charters, with citation guidance and answers to common questions.
§ 57515. Awarding of charters
(a)
(b)
(1) award the charter to the next highest bidder; or
(2) reject all bids and either readvertise the line or operate the line until conditions appear more favorable to reoffer the line for private charter.
(c)
(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1667.)
| Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
|---|---|---|
| 57515 | 46 App.:1196(b) (1st sentence related to authority). | June 29, 1936, ch. 858, title VII, §§706(b) (1st sentence related to authority), 707, 49 Stat. 2009; Pub. L. 97–31, §12(108), (109), Aug. 6, 1981, 95 Stat. 163. |
| 46 App.:1197. |
In subsection (a), the words "if the Secretary considers the charter hire offered too low" are substituted for "if, in the Secretary's discretion, the charter hire offered is deemed too low" to eliminate unnecessary words. The words "lacks the qualifications required by section 57514 of this title" are substituted for "lacks sufficient capital, credit, or experience to operate successfully the line" to avoid repeating the qualifications in more than one place.
About This Section
46 U.S.C. § 57515 is part of Title 46 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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