1. (a) Upon the application of the governor of any State having a seacoast or bordering on any of the Great Lakes, the President may direct the Secretary of the Navy to lend to one well-established military school in that State that desires to instruct its cadets in elementary seamanship one fully equipped cutter for every 25 cadets attending the school, and such other equipment adequate for instruction in elementary seamanship as may be spared.

2. (b) To be eligible for a loan under this section a school must—

   1. (1) have adequate facilities for cutter drill;

   2. (2) have at least 75 cadets—

      1. (A) at least 15 years of age;
      2. (B) in uniform;
      3. (C) receiving military instruction; and
      4. (D) quartered in barracks under military regulations; and
   3. (3) have the capacity to quarter and educate 150 cadets at one time.
3. (c) Whenever a loan is made under this section, the Secretary shall require a bond in double the value of the property for its care and return when required.

(Aug. 10, 1956, ch. 1041, 70A Stat. 466, § 7547; renumbered § 8767, Pub. L. 115–232, div. A, title VIII, § 807(d)(8), Aug. 13, 2018, 132 Stat. 1836.)

In subsection (a) the word “lend” is substituted for the word “furnish” because of the provision for return of the equipment. The words “man-of-war’s” are omitted as obsolete. The words “attending the school” are substituted for the words “in actual attendance”.

In subsection (b) the words “To be eligible for a loan under this section” are added, and the subsection is phrased as a condition.

Editorial Notes

Amendments

2018—Pub. L. 115–232 renumbered section 7547 of this title as this section.

Statutory Notes and Related Subsidiaries

Effective Date of 2018 Amendment

Amendment by Pub. L. 115–232 effective Feb. 1, 2019, with provision for the coordination of amendments and special rule for certain redesignations, see section 800 of Pub. L. 115–232, set out as a note preceding section 3001 of this title.