§ 39. Reservation of timber, minerals, or easements by owners on exchange

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1926

   Pub. L. 69–399 § 3 · 44 Stat. 655

   Enacted · 16 U.S.C. § 39

   (May 26, 1926, ch. 399, § 3, 44 Stat. 656.)

   Source evidence

   Code source credit
   (May 26, 1926, ch. 399, § 3, 44 Stat. 656.)

   Enacted provision · exact public law section
   Sec. 3. That reservations of timber, minerals, or easements, the values of which shall be duly considered in determining the values of the lands conveyed, may be made by the owner or owners thereof in lands conveyed to the United States under the provisions of this Conditions and use. Act. Where such reservations are made, the right to enjoy them shall be subject to such reasonable conditions respecting ingress and egress and the use of the surface of the land as may be deemed necessary by the Secretary of the Interior or the Secretary of Agriculture, whichever may be responsible for the handling and use of the land as provided in this Act: Provided, That all property, Proviso. Property, etc., retained subject to State taxation. rights, easements, and benefits authorized by this section to be retained by or reserved to owners of land conveyed to the United States shall be subject to the tax laws of the States where such lands are located.

1 of 1 references resolved to an enrolled provision