---
kind: "section"
citation: "46 U.S.C. § 53719"
title: "46"
title_heading: "Shipping"
number: "53719"
heading: "Best practices"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/46/53719"
units:
  - "Subtitle V — Merchant Marine"
  - "Part C — Financial Assistance Programs"
  - "Chapter 537 — Loans and Guarantees"
  - "Subchapter I — General"
---

# §53719. Best practices


The [Secretary](/usc/46/53101.md?p=8) or [Administrator](/usc/46/53701.md?p=2) shall ensure that all standard documents and [agreements](/usc/46/53201.md?p=8) that relate to loan guarantees made pursuant to this chapter are reviewed and updated every four years to ensure that such documents and [agreements](/usc/46/53201.md?p=8) meet the current commercial best practices to the extent permitted by law.


## Source credit

(Added Pub. L. 116–92, div. C, title XXXV, § 3506(i)(1), Dec. 20, 2019, 133 Stat. 1973.)