such terms are binding. In developing the standards, the Secretary of Transportation may consult with other Federal agencies, persons with expertise on admiralty and maritime law, consumer advocates, industry representatives, and such other persons as the Secretary of Transportation considers necessary. (2) Statute of limitations The statute of limitations for filing a lawsuit against the owner of a passenger vessel, which shall not be shorter than 3 years, shall be clearly identified in the passage contract described in paragraph (1). (3) Recommendations The standards developed under paragraph (1) shall include recommendations regarding— (A) style, formatting, and placement that ensures that the summary is conspicuous