46 U.S.C. s. 30523: General limit of liability

What this document is

46 U.S.C. s. 30523: General limit of liability is a state statute published by U.S. Government Publishing Office (govinfo.gov). It is one of the documents that insurance license exam questions are written from, including claims adjuster practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• 46 U.S.C. § 30523(a) (General Limit of Liability, In General)

  “If the vessel has more than one owner, the proportionate share of the liability of any one owner shall not exceed that owner's proportionate interest in the vessel and pending freight.”

• 46 U.S.C. § 30523(c) (General Limit of Liability, Wages)

  “without the privity or knowledge of the owner. (c) Wages. - Subsection (a) does not apply to a claim for wages.”

• 46 U.S.C. § 30523(b) (General Limit of Liability, Claims Subject to Limitation)

  “claims, debts, and liabilities subject to limitation under subsection (a) are those arising from any embezzlement, loss, or destruction of any property, goods, or merchandise shipped or put on board the vessel, any loss, damage, or injury by collision,”

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