(2) The term "marine insurance companies" means any persons, companies, or associations, authorized to write marine insurance or reinsurance under the laws of the United States or of a State, Territory, District, or possession thereof.
(b) Nothing contained in the "antitrust laws" as designated in section 1 of the Act entitled "An Act to supplement existing laws against unlawful restraints and monopolies, and for other purposes," approved October 15, 1914, shall be construed as declaring illegal an association entered into by marine insurance companies for the following purposes: To transact a marine insurance and reinsurance business in the United States and in foreign countries and to reinsure or otherwise apportion among its membership the risks undertaken by such association or any of the component members.
Sec. 30.
Subsection A.
That this section may be cited as the "Ship Mortgage Act, 1920."
DEFINITIONS.
Subsection B.
When used in this section—
(1) The term "document" includes registry and enrollment and license;
(2) The term "documented" means registered or enrolled or licensed under the laws of the United States, whether permanently or temporarily;