View all text of Chapter 563 [§ 56301 - § 56312]

§ 56307. Return of vessels
When a vessel requisitioned for use but not ownership is returned to the owner, the Secretary of Transportation shall—
(1) return the vessel in a condition at least as good as when taken, less ordinary wear and tear; or
(2) pay the owner an amount sufficient to recondition the vessel to that condition, less ordinary wear and tear.
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1656.)