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" ... whenever it appears to the Secretary that such insurance adequate for the needs of the waterborne commerce of the United States cannot be obtained on reasonable terms and conditions from companies authorized to do an insurance business in a State... "
Third Supplemental Appropriation Bill, 1954: Hearings Before Subcommittees ... - Page 155
by United States. Congress. House. Committee on Appropriations - 1954 - 321 pages
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Practitioners' Journal, Volume 38, Issue 5

Carriers - 1971 - 178 pages
...empowers the Secretary to initiate a Federally operated war risk insurance program when such coverage "cannot be obtained on reasonable terms and conditions from companies authorized to do business" in the United States. Most recent need for the Federal program arose when war risk underwriters...
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Marine War-risk Insurance: Hearings Before the Committee on Merchant Marine ...

United States. Congress. House. Committee on Merchant Marine and Fisheries - Insurance, Marine - 1939 - 108 pages
...appears that such insurance, adequate for the needs of the water-borne commerce of the United States, cannot be obtained on reasonable terms and conditions...insurance business in a State of the United States, it vests administration of such activities in the Maritime Commission. The Maritime Commission in submitting...
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Comparative Law Series, Volume 2

Commercial law - 1939 - 720 pages
...Commission that such Insurance adequate for the needs of the water-borne commerce of the United States cannot be obtained on reasonable terms and conditions...Insurance business In a State of the United States. (6) There shall be in the Treasury of the United States a revolving fund to be known as the marine...
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United States Maritime Commission: Hearings ... 76th Congress, 3d Session ...

United States. Congress. House. Appropriations - 1940 - 38 pages
...Commission that such insurance adequate for the needs of the water-borne commerce of the United States cannot be obtained on reasonable terms and conditions...insurance business in a State of the United States. "(b) There shall be in the Treasury of the United States a revolving fund to be known as the marine...
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Hearings

United States. Congress. House. Committee on Appropriations - 1940 - 36 pages
...Commission that such insurance adequate for the needs of the water-borne commerce of the United States cannot be obtained on reasonable terms and conditions...insurance business in a State of the United States. "(b) There shall be in the Treasury of the United States a revolving fund to be known as the marine...
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United States Maritime Commission: Hearings Before the Subcommittee of House ...

United States. Congress. House. Committee on Appropriations - Deficiency appropriation bills, 1940 - 1940 - 40 pages
...Commission that such insurance adequate for the needs of the water-borne commerce of the United States cannot be obtained on reasonable terms and conditions...insurance business in a State of the United States. Marine and ioar-risk insurani-e fund; how constituted. — (1) Sums appropriated to such fund; (2)...
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Merchant Marine Inquiry--insurance: Executive Hearing Before the Committee ...

United States. Congress. House. Committee on Merchant Marine and Fisheries - Insurance, Marine - 1941 - 62 pages
...Commission that such insurance adequate for the needs of the waler-borne commerce of the United States cannot be obtained on reasonable terms and conditions...insurance business in a State of the United States." Public Law No. 677 authorizes the Commission to insure property against loss or damage by the risks...
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United States Code, Volume 18

United States - Law - 1983 - 1442 pages
...Secretary that such insurance adequate for the needs of the water-borne commerce of the United States cannot be obtained on reasonable terms and conditions...insurance business in a State of the United States. (b) Any insurance or reinsurance issued under any of the provisions of this subchapter shall be based,...
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Marine War-Risk Insurance: Hearing Before the Committee on the Merchant ...

United States. Congress. House. Committee on Merchant Marine and Fisheries - Marine insurance - 1942 - 44 pages
...capture, arising from risks of war, cannot, with the aid of reinsurance provided for under this subtitle, be obtained on reasonable terms and conditions from...insurance business in a State of the United States, the Commission is authorized to provide such insurance on a basis corresponding to the war risk insurance...
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Financing of Wae Damage Corporation, Hearings Before ..., 77-2 on S. 2198 ...

United States. Congress. Senate. Committee on Banking and Currency - 1942 - 116 pages
...only upon a rinding by the Commission that adequate insurance for the needs of water-borne commerce cannot be obtained on reasonable terms and conditions...companies authorized to do an insurance business in the United States. There is available to the Maritime Commission a revolving fund of $40,000,000 for...
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