Federal · Title 46 — Shipping
46 U.S.C. § 57301: Definitions
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constructed under this subtitle and acquired within 2 years after the date of completion; or constructed in a domestic shipyard on private account and not under this subtitle, and documented under the laws of the United States. is of at least 1,350 gross tons; the Secretary of Transportation believes should, because of its age, obsolescence, or other reasons, be replaced in the public interest; and has been owned by a citizen of the United States for at least 3 years immediately before its acquisition under this chapter.
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