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Ship Mortgage Act definition · LSData


Ship Mortgage Act definition · LSData - LSD.Law

The Ship Mortgage Act is a federal law that governs mortgages on ships that are registered as U.S. vessels. The law provides for the enforcement of maritime ...

Federal Maritime Lien Act definition - LSD.Law

The Federal Maritime Lien Act is a law that gives a special right to people who provide things like supplies or services to a boat.

United States Code: Ship Mortgage Act, 46 U.S.C. §§ 911-984 (1925)

4. 981. · Ship mortgage act.” DEFINITIONS pliance with all the provisions of this subdivision, the preferred status given ...

shipment definition · LSData - LSD.Law

The goods being transported can vary from small packages to large truckloads of products. shipmaster | Ship Mortgage Act. © 2024 LSData. Hand coded by two ...

shipowner-negligence doctrine definition · LSData - LSD.Law

The shipowner-negligence doctrine is a rule that says if a crew member is hurt by someone in charge while doing something for the ship's business, the shipowner ...

mariner's hypothec definition · LSData - LSD.Law

Mariner's hypothec is a type of mortgage given to a creditor on a ship to secure a debt. It allows a seaman, freighter, or repairer to assert a lien against ...

Ship Mortgage Act Definition | Law Insider

Define Ship Mortgage Act. means the United States Ship Mortgage Act, 1920, as amended, recodified at 46 U.S.C. 31301, et seq.;

tacit hypothecation definition · LSData - LSD.Law

In maritime lien, the creditor has a right to seize the ship without the owner's express agreement to satisfy a debt. In both cases, the lien or mortgage is ...

Maritime Lien definition · LSData - LSD.Law

These liens attach to the property itself, usually a ship or other seafaring vessel, and can remain in effect even after the property is sold to a new owner.

pecunia trajectitia definition · LSData - LSD.Law

This type of loan is also known as nauticum fenus, which is a loan made to a transporter of merchandise by ship. The loan is subject to a high rate of interest ...

maritime loan definition · LSData - LSD.Law

Definition: A maritime loan is a type of loan that provides that a lender will not be repaid if the cargo is damaged or lost due to a navigational peril, ...

Hellenic Lines Ltd. v. Rhoditis (1970) Overview - YouTube

... ship's flag is Greek, and the injured seaman is also Greek. The ... Rhoditis (1970) Overview | LSData Case Brief Video Summary. 18 views ...

chapter 313 —commercial instruments and maritime liens - U.S. Code

If a mortgage covers a vessel and additional property that is not a vessel, this chapter does not authorize a civil action in rem to enforce the rights of the ...

restaur definition - LSD.Law

... marine insurers have against a ship's master if a loss occurs ... LSData · Sign in · Register. Students. LSD Briefs · My Outlines · LSDefine Dictionary · Student ...

bottomry definition · LSData - LSD.Law

Bottomry, also known as a bottomry bond, is a type of contract used in maritime law. It involves a shipowner using their ship as collateral for a loan to ...

46 U.S. Code § 31301 - Definitions | LII / Legal Information Institute

also means in sections 31325 and 31326 of this title, a mortgage, hypothecation, or similar charge that is established as a security on a foreign vessel if ...

maritime interest definition · LSData - LSD.Law

Maritime interest refers to the interest charged on a loan that is secured by a ship or its cargo.

hypothec definition · LSData - LSD.Law

Mariner's Hypothec: A seaman, freighter, or repairer can assert a lien against a ship for payment of wages or other sums due. This means that they have the ...

Maritime Liens and Arrests under U.S. Law | Blank Rome LLP

By perfecting a preferred ship mortgage on a vessel, the lender creates a maritime lien against the vessel, enforceable by an action in rem. Preferred ship ...

conventional law definition · LSData

... law of the land. conventionalism | conventional loan. © 2024 LSData. Hand coded by two dudes in Cambridge. ToS · Privacy · About · Data download. Warning ...