
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 46USC31324]

 
                           TITLE 46--SHIPPING
 
                    Subtitle III--Maritime Liability
 
         CHAPTER 313--COMMERCIAL INSTRUMENTS AND MARITIME LIENS
 
                  SUBCHAPTER II--COMMERCIAL INSTRUMENTS
 
Sec. 31324. Retention and examination of mortgages of vessels 
        covered by preferred mortgages
        
    (a) On request, the owner, master, or individual in charge of a 
vessel covered by a preferred mortgage shall permit a person to examine 
the mortgage if the person has business with the vessel that may give 
rise to a maritime lien or the sale, conveyance, mortgage, or assignment 
of a mortgage of the vessel.
    (b) A mortgagor of a preferred mortgage covering a self-propelled 
vessel shall use diligence in keeping a certified copy of the mortgage 
on the vessel.

(Pub. L. 100-710, title I, Sec. 102(c), Nov. 23, 1988, 102 Stat. 4744.)

                      Historical and Revision Notes
------------------------------------------------------------------------
          Revised section                Source section (U.S. Code)
------------------------------------------------------------------------
31324.............................  46:923
------------------------------------------------------------------------

    Section 31324(a) provides for examination of mortgages of a vessel 
that is covered by a preferred mortgage by persons that have business 
with the vessel that may give rise to a maritime lien or the sale, 
conveyance, mortgage, or assignment of the mortgage. This subsection 
makes no substantive change to law.
    Section 31324(b) requires that a certified copy of the mortgage must 
be on board a self-propelled vessel. This subsection makes no 
substantive change to law.
