Abstract: A stowage band adapted for releasably maintaining parachute suspension lines in a looped condition and also relates to a method of using such stowage band. The stowage band includes an elastic, hollow, seamless, endless ring, or alternatively, an elastic, hollow tube having a first longitudinal end and a second longitudinal end. One of the longitudinal ends is inserted within the interior of the other longitudinal end, and the longitudinal ends are permanently secured together by an adhesive. The stowage band is capable of stretching to a relatively great degree and is capable of rolling and twisting to a relatively great degree. Also, the stowage band tends not to break during normal usage, but is sufficiently weak so that breakage will occur if the suspension lines are severely snagged. The stowage band is wrapped about a stowage holder such that only portions of the stowage band other than the region of the interconnected longitudinal ends surrounds the looped suspension lines.