§ 558. Proceeds from sale or transfer of property acquired

Statutory text

When any property which has been heretofore or may be hereafter purchased or acquired for the improvement of rivers and harbors is no longer needed, or is no longer serviceable and is transferred or sold, the proceeds thereof may be credited to the appropriation for the work for which it was acquired.

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.

1902
Pub. L. 57–1079 § 5 · 32 Stat. 331
Enacted · 33 U.S.C. § 558
June 13, 1902, ch. 1079, § 5, 32 Stat. 373
Source evidence
Code source credit
June 13, 1902, ch. 1079, § 5, 32 Stat. 373
Enacted provision · exact public law section
Sec. 5. That when any land or other property which has been heretofore Unserviceable property may be sold. or may be hereafter purchased or acquired for the improvement of rivers and harbors is no longer needed, or is no longer serviceable, it may be sold in such manner as the Secretary of War may direct, and the proceeds credited to the appropriation for the work for which it was purchased or acquired; and the Secretary of War may direct the Transfer of property. transfer of any property employed in river and harbor works, and in such event the property so transferred shall be valued and credited to the project upon which it was theretofore used and charged to the project to which it shall be transferred. The Secretary may also direct a temporary transfer of any property employed in the improvement of rivers and harbors whenever, in his judgment, such transfer would secure efficient or economical results, and such adjustment in the way of charges and credits shall be made between the projects affected as may be equitable.

1 of 1 references resolved to an enrolled provision

Editorial Notes

Codification

Section originally began with the words “when any land or other” preceding “property”. The words, “land or other”, were deleted on the basis of act February 20, 1931, which provided, “that hereafter no real estate of the War Department shall be sold or disposed of without authority of Congress, and all existing Acts or parts thereof in conflict with this proviso, other than special Acts for the sale of stated tracts of land, are hereby repealed.”

Section is from the first part of section 5 of act June 13, 1902, which was a provision of the Rivers and Harbors Appropriation Act for 1902. The last part of such section 5 is set out as section 631 of this title.

Amendments

1951—Act Oct. 31, 1951, struck out provisions authorizing the Secretary of the Army to sell the unserviceable property referred to, and authorizing him to direct the transfer of any property employed in river and harbor works; struck out the provision that the property so transferred should be valued and credited to the project upon which it was theretofore used and charged to the project to which it was transferred; and inserted “and is transferred or sold, the proceeds thereof may be credited to the appropriation for the work for which it was acquired”.

Credits

1902–1951 · 3 acts

1902June 13, 1902, ch. 1079, § 5, 32 Stat. 373
1931Feb. 20, 1931, ch. 235, 46 Stat. 1191
1951Oct. 31, 1951, ch. 654, § 4(4), 65 Stat. 709.

Show as published

(June 13, 1902, ch. 1079, § 5, 32 Stat. 373; Feb. 20, 1931, ch. 235, 46 Stat. 1191; Oct. 31, 1951, ch. 654, § 4(4), 65 Stat. 709.)