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U.S. Code, Title 46, Shipping, Appendix
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General SummaryThe U.S. Code is a consolidation and codification by subject matter of the general and permanent laws of the United States. While every effort has been made to ensure that this reproduction of the Code is accurate, those using it for legal purposes should verify their results against the printed version of the Code available through the Government Printing Office.
§ 885. Association of Marine Insurance Companies; Application of Antitrust Laws
(a) Whenever used in this section—
(1) The term "association" means any association, exchange, pool, combination, or other arrangement for concerted action; and
(2) The term "marine insurance companies" means any persons, companies, or associations, authorized to write marine insurance or reinsurance under the laws of the United States or of a State, Territory, District, or possession thereof.
(b) Nothing contained in the "antitrust laws" as designated in section 12 of title 15, shall be construed as declaring illegal an association entered into by marine insurance companies for the following purposes: To transact a marine insurance and reinsurance business in the United States and in foreign countries and to reinsure or otherwise apportion among its membership the risks undertaken by such association or any of the component members.
(June 5, 1920, ch. 250, § 29, 41 Stat. 1000.)
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Chicago: "U.S. Congress, Office of the Law Revision Counsel", "§ 885. Association of Marine Insurance Companies; Application of Antitrust Laws," U.S. Code, Title 46, Shipping, Appendix in U.S. Code, Title 46, Shipping, Appendix (Washington, D.C.: Government Printing Office, 2002), Original Sources, accessed December 11, 2024, http://www.originalsources.com/Document.aspx?DocID=9FBKKYISQPHFMV6.
MLA: "U.S. Congress, Office of the Law Revision Counsel". "§ 885. Association of Marine Insurance Companies; Application of Antitrust Laws." U.S. Code, Title 46, Shipping, Appendix, in U.S. Code, Title 46, Shipping, Appendix, Washington, D.C., Government Printing Office, 2002, Original Sources. 11 Dec. 2024. http://www.originalsources.com/Document.aspx?DocID=9FBKKYISQPHFMV6.
Harvard: "U.S. Congress, Office of the Law Revision Counsel", '§ 885. Association of Marine Insurance Companies; Application of Antitrust Laws' in U.S. Code, Title 46, Shipping, Appendix. cited in 2002, U.S. Code, Title 46, Shipping, Appendix, Government Printing Office, Washington, D.C.. Original Sources, retrieved 11 December 2024, from http://www.originalsources.com/Document.aspx?DocID=9FBKKYISQPHFMV6.
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