# § 56501. Definition
In this chapter, the term “essential vessel” means a vessel that is—
**(1)**
**(A)** security for a mortgage indebtedness to the United States Government; or
**(B)** constructed under this subtitle or required by a contract under this subtitle to be operated on a certain essential foreign trade route; and
**(2)** necessary in the interests of commerce and national defense to be maintained in condition for prompt use.
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**Source Credit**: (Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1656.)
| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 56501 | 46 App.:1242a(a). | June 29, 1940, ch. 442, subdiv. (a), 54 Stat. 684. |