Persons eligible to establish funds

is operating a vessel in the foreign or domestic commerce of the United States or in the fisheries; owns, in whole or in part, a vessel being operated in the foreign or domestic commerce of the United States or in the fisheries; was operating a vessel in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the United States Government; owned, in whole or in part, a vessel being operated in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the Government; or had acquired or was having constructed a vessel to operate in the foreign or domestic commerce of the United States or in the fisheries when it was bought or requisitioned by the Government. A construction reserve fund may be established by a citizen of the United States that— (Source: (Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1587.))