**(a)** 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.
**(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 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.
(2) 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.
(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.
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Stable record: federal_law:legal_authorities:record_usc_3446acacddbf2b0a64a45202 Source file: Laws/federal/codes/united-states-code/title-22/section-3782-insurance--99d03bd4bf.md Pages: Not recorded – Not recorded Passage SHA-256: fbd6c17f2f2d2deea7717290052c63b6ae51db504229b4cf2108bff2ab41c1ab Retained source evidence SHA-256: 730237589a77ff684b1895b48524cdf2c8bd7235ff6bd41b74a308997fdd6ad0
Source location: Title 22, Chapter 51, § 3782; chapter-051-panama-canal.md
Stored source content
**(a)** 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.
**(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 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.
(2) 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.
(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.
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Federal law — U.S. Code and appendices · legal_authorities
§ 3782. Transfers and cross-servicing between
agencies
(a) Transfers of facilities, buildings, structures,
improvements, stocks and equipment located
in the Republic of Panama
In the interest of economy and maximum effi-
ciency in the utilization of property and facili-
ties of the United States, there are authorized to
be transferred between departments and agen-
cies of the United States, with or without reim-
bursement, such facilities, buildings, structures,
improvements, stock, and equipment located in
the Republic of Panama, and used for their ac-
tivities therein, as may be mutually agreed
upon by the departments and agencies involved
and approved by the President of the United
States or his designee.
(b) Cross-servicing agreements
The Commission may enter into cross-serv-
icing agreements with any other department or
agency of the United States for the use of facili-
ties, furnishing of services, or performance of
functions.
(c) Transfer of records to Government of Repub-
lic of Panama
The Commission, any department or agency of
the United States, or any United States court in
the Republic of Panama is authorized to trans-
fer to the Government of the Republic of Pan-
ama any record of such Commission, depart-
ment, agency, or court, or copy thereof, includ-
ing any record acquired from the Canal Zone
Government or Panama Canal Company (includ-
ing any vital statistics record), to any other de-
partment, agency, or court of the United States
if such action is determined by the Commission,
the head of the department or agency concerned,
or the judge of the court concerned to be in the
interest of the United States. Transfer of any
record or copy thereof under this section to the
Government of the Republic of Panama shall be
made under