Abandoned Shipwrecks Act

The Abandoned Shipwrecks Act is a United States piece of legislation passed into law in 1988 meant to protect historic shipwrecks from treasure hunters and salvagers by transferring the title of the wreck to the state whose waters it lies in.

Read more about Abandoned Shipwrecks Act:  Background, The Specifics, Exclusions, Controversies

Famous quotes containing the words abandoned, shipwrecks and/or act:

    If you have abandoned one faith, do not abandon all faith. There is always an alternative to the faith we lose. Or is it the same faith under another mask?
    Graham Greene (1904–1991)

    ... overconfidence in one’s own ability is the root of much evil. Vanity, egoism, is the deadliest of all characteristics. This vanity, combined with extreme ignorance of conditions the knowledge of which is the very A B C of business and of life, produces more shipwrecks and heartaches than any other part of our mental make-up.
    Alice Foote MacDougall (1867–1945)

    We aim above the mark, to hit the mark. Every act hath some falsehood of exaggeration in it.
    Ralph Waldo Emerson (1803–1882)