A law that was passed in 1990 by the US that places civic liability on tanker vessels and facilities that explore and transport oil, for the removal and damages incurred due to oil spills in the waters of the United States . The law also includes pipelines and motor vehicles and gives provisions for oil spill prevention and clean up efforts in case an oil spill occurs. The act also places a limit at 75 million dollars to companies that are liable for damages to the economy.
Black’s Law Online Dictionary
