### Question
What does old fund mean?


### Answer
**Old fund** has the following meaning in *46 U.S.C. § 53514*:

> a capital construction fund maintained before October 21, 1970

#### Citation:
  - *46 U.S.C. § 53514*
  - Heading: **Subtitle V-Merchant Marine > Part C-Financial Assistance Programs > CHAPTER 535-CAPITAL CONSTRUCTION FUNDS**

