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Title 16 — Conservation

Chapter 9 — Fish and Wildlife Service

§ 742k. Management and disposition of vessels and other property acquired and arising out of fishery loans or related type of activities

Statutory text

For the purpose of facilitating administration of, and protecting the interest of the Government in, the fishery loan fund established by section 742c of this title and any related type of activities relating to fisheries for which the Department of the Interior is now or may hereafter be responsible, the Secretary of the Interior, notwithstanding any other provisions of law, may hereafter administer, complete, recondition, reconstruct, renovate, repair, maintain, operate, charter, assign, or sell upon such terms and conditions as he may deem most advantageous to the United States, any vessel, plant, or other property acquired by him on behalf of the United States and arising out of any fishery loan or any related type of activity by the Secretary of the Interior. The Secretary may use any of the applicable funds in each particular instance for the aforesaid purposes.

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. Pub. L. 87–219 · 75 Stat. 493

    Enacted · 16 U.S.C. § 742k

    (Pub. L. 87–219, Sept. 13, 1961, 75 Stat. 493.)

    Source evidence

    Code source credit
    (Pub. L. 87–219, Sept. 13, 1961, 75 Stat. 493.)

0 of 1 references resolved to an enrolled provision · 1 partial

Executive Documents

Transfer of Functions

Transfer of functions to Secretary of Commerce from Secretary of the Interior by Reorg. Plan No. 4 of 1970, eff. , 35 F.R. 15627, 84 Stat. 2090, see Transfer of Functions note set out under section 742b of this title.

Credits

(Pub. L. 87–219, , 75 Stat. 493.)

Parsed from the official OLRC USLM XML in data/usc_all/usc16.xml · release point 119-108 · OLRC build 2026-07-16

USLM identifier /us/usc/t16/s742k