46 USC § 31308 - Secretary of Commerce or Transportation as mortgagee

---
identifier: "/us/usc/t46/s31308"
source: "usc"
legal_status: "official_legal_evidence"
title: "46 USC § 31308 - Secretary of Commerce or Transportation as mortgagee"
title_number: 46
title_name: "SHIPPING"
section_number: "31308"
section_name: "Secretary of Commerce or Transportation as mortgagee"
chapter_number: 313
chapter_name: "COMMERCIAL INSTRUMENTS AND MARITIME LIENS"
subchapter_number: "I"
subchapter_name: "GENERAL"
positive_law: true
currency: "119-84"
last_updated: "2026-03-26"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 100–710, title I, § 102(c), Nov. 23, 1988, 102 Stat. 4741; Pub. L. 101–595, title VI, § 603(13), Nov. 16, 1990, 104 Stat. 2993; Pub. L. 109–304, § 15(28), Oct. 6, 2006, 120 Stat. 1704; Pub. L. 111–281, title IX, § 913(b), Oct. 15, 2010, 124 Stat. 3017.)"
---


# § 31308. Secretary of Commerce or Transportation as mortgagee

section 362(b) of title 11

The Secretary of Commerce or Transportation, as a mortgagee under this chapter, may foreclose on a lien arising from a right established under a mortgage under chapter 537 of this title, subject to .

---

**Source Credit**: (Pub. L. 100–710, title I, § 102(c), Nov. 23, 1988, 102 Stat. 4741; Pub. L. 101–595, title VI, § 603(13), Nov. 16, 1990, 104 Stat. 2993; Pub. L. 109–304, § 15(28), Oct. 6, 2006, 120 Stat. 1704; Pub. L. 111–281, title IX, § 913(b), Oct. 15, 2010, 124 Stat. 3017.)

| Revised section | Source section (U.S. Code) |
| --- | --- |
| 31308 | 46:952 (last sentence) |

Section 31308 allows the Secretary of Commerce or Transportation to foreclose on a lien arising from a right established under a mortgage under title XI of the Merchant Marine Act, 1936. This section makes no substantive change to law.

## Editorial Notes

### Amendments

2010— substituted “The Secretary of Commerce or Transportation, as a mortgagee under this chapter,” for “When the Secretary of Commerce or Transportation is a mortgagee under this chapter, the Secretary”.

2006— substituted “chapter 537 of this title” for “title XI of the Merchant Marine Act, 1936 (46 App. U.S.C. 1271 et seq.)”.

1990— substituted “(46 App. U.S.C. 1271 et seq.)” for “(46 App. U.S.C. 1241 et seq.)”.

## Statutory Notes and Related Subsidiaries

### Effective Date

Section effective , with certain exceptions and qualifications, see , set out as a note under .