Title 22 — Foreign Relations and Intercourse
Part 4 · Chapter 51 — Panama Canal
§ 3779. Insurance
Statutory text
The Commission is authorized to purchase insurance to protect the Commission against major and unpredictable revenue losses or expenses arising from catastrophic marine accidents or other unpredictable events.
The Commission may by regulation require as a condition of transit through the Panama Canal or presence in the Panama Canal or waters adjacent thereto that any potential claimant under section 3771 or 3772 of this title be covered by insurance against the types of injuries described in those sections. The amount of insurance so required shall be specified in those regulations, but may not exceed $1,000,000.
In a claim under section 3771 or 3772 of this title for which the Commission has required insurance under this subsection, the Commission’s liability shall be limited to the amount of damages in excess of the amount of insurance required by the Commission.
In regulations under this subsection, the Commission may prohibit consideration or payment by it of claims presented by or on behalf of an insurer or subrogee of a claimant in a case for which the Commission has required insurance under this subsection.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Panama Canal Act of 1979
Pub. L. 96–70 title I § 1419 · 93 Stat. 452
Enacted · 22 U.S.C. § 3779
Pub. L. 96–70, title I, § 1419, as added Pub. L. 99–209, § 6(a), Dec. 23, 1985, 99 Stat. 1717
Source evidence
Code source credit
Pub. L. 96–70, title I, § 1419, as added Pub. L. 99–209, § 6(a), Dec. 23, 1985, 99 Stat. 1717Pub. L. 100–203 title V § 5414 · 101 Stat. 1330
Inserted · 22 U.S.C. § 3779
Pub. L. 100–203 inserted “or other unpredictable events” after “marine accidents”
Source evidence
Code amendment note
Pub. L. 100–203 inserted “or other unpredictable events” after “marine accidents”.Enacted provision · exact public law section
SEC. 5414. INSURANCE. Section 1419 (22 U.S.C. 3779) is amended by inserting “or other unpredictable events” after “marine accidents”.Strom Thurmond National Defense Authorization Act for Fiscal Year 1999
Pub. L. 105–261 div. C title XXXV § 3509(b) · 112 Stat. 1920
Amended · 22 U.S.C. § 3779
Pub. L. 105–261 designated existing provisions as subsec. (a)
Added · 22 U.S.C. § 3779
Pub. L. 105–261 added subsec. (b)
Source evidence
Code amendment note
Pub. L. 105–261 designated existing provisions as subsec. (a) and added subsec. (b).Enacted provision · exact public law section
(b) Authority To Require Claimants To Be Covered by Insurance.— Section 1419 (22 U.S.C. 3779) is amended— (1) by inserting “(a)” before “The Commission”; and (2) by adding at the end the following: “(b) (1) The Commission may by regulation require as a condition of transit through the Panama Canal or presence in the Panama Canal or waters adjacent thereto that any potential claimant under section 1411 or 1412 of this Act be covered by insurance against the types of injuries described in those sections. The amount of insurance so required shall be specified in those regulations, but may not exceed $1,000,000. “(2) In a claim under section 1411 or 1412 of this Act for which the Commission has required insurance under this subsection, the Commission’s liability shall be limited to the amount of damages in excess of the amount of insurance required by the Commission. “(3) In regulations under this subsection, the Commission may prohibit consideration or payment by it of claims presented by or on behalf of an insurer or subrogee of a claimant in a case for which the Commission has required insurance under this subsection.”.
3 of 4 references resolved to an enrolled provision · 1 partial
Editorial Notes
Amendments1987–1998 · 2 rounds
1998
Pub. L. 105–261 designated existing provisions as subsec. (a) and added subsec. (b).
1987
Pub. L. 100–203 inserted “or other unpredictable events” after “marine accidents”.
Statutory Notes and Related Subsidiaries
Effective Date
Section applicable to any claim arising on or after , see section 7(b)(1) of Pub. L. 99–209, set out as an Effective Date of 1985 Amendment note under section 3771 of this title.
Credits
1985–1998 · 3 acts
- 1985Pub. L. 96–70, title I, § 1419, as added Pub. L. 99–209, § 6(a), , 99 Stat. 1717
- 1987amended Pub. L. 100–203, title V, § 5414, , 101 Stat. 1330–270
- 1998Pub. L. 105–261, div. C, title XXXV, § 3509(b), , 112 Stat. 2270.
Show as published
(Pub. L. 96–70, title I, § 1419, as added Pub. L. 99–209, § 6(a), , 99 Stat. 1717; amended Pub. L. 100–203, title V, § 5414, , 101 Stat. 1330–270; Pub. L. 105–261, div. C, title XXXV, § 3509(b), , 112 Stat. 2270.)