---
kind: "unit"
title: "46"
title_heading: "Shipping"
key: "stV/ptC/ch535"
level: "chapter"
label: "Chapter 535"
heading: "Capital Construction Funds"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/46/stV-ptC-ch535"
sections_count: 17
---

# Chapter 535 — Capital Construction Funds

Title 46 — Shipping › Subtitle V — Merchant Marine › Part C — Financial Assistance Programs

## Sections

- [§53501. Definitions](/usc/46/53501.md)
- [§53502. Regulations](/usc/46/53502.md)
- [§53503. Establishing a capital construction fund](/usc/46/53503.md)
- [§53504. Deposits and withdrawals](/usc/46/53504.md)
- [§53505. Ceiling on deposits](/usc/46/53505.md)
- [§53506. Investment and fiduciary requirements](/usc/46/53506.md)
- [§53507. Nontaxation of deposits](/usc/46/53507.md)
- [§53508. Separate accounts within a fund](/usc/46/53508.md)
- [§53509. Qualified withdrawals](/usc/46/53509.md)
- [§53510. Tax treatment of qualified withdrawals and basis of property](/usc/46/53510.md)
- [§53511. Tax treatment of nonqualified withdrawals](/usc/46/53511.md)
- [§53512. FIFO and LIFO withdrawals](/usc/46/53512.md)
- [§53513. Corporate reorganizations and partnership changes](/usc/46/53513.md)
- [§53514. Relationship of old fund to new fund](/usc/46/53514.md)
- [§53515. Records and reports](/usc/46/53515.md)
- [§53516. Termination of agreement after change in regulations](/usc/46/53516.md)
- [§53517. Reports](/usc/46/53517.md)