Title 42 — The Public Health and Welfare
Chapter 9 — Housing of Persons Engaged in National Defense
§ 1592j. Disposition of moneys derived from rentals, operation, and disposition of property
Statutory text
Moneys derived from rentals, operation, or disposition of property acquired or constructed under the provisions of this subchapter shall be available for expenses of operation, maintenance, improvement, and disposition of any such property, including the establishment of necessary reserves therefor and administrative expenses in connection therewith: Provided, That such moneys derived from rentals, operation, or disposition may be deposited in a common fund account or accounts in the Treasury: And provided further, That the moneys in such common fund account or accounts shall not exceed $5,000,000 at any time, and all moneys in excess of such amount shall be covered into miscellaneous receipts.
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.
(Sept. 1, 1951, ch. 378, title III, § 311, 65 Stat. 308.) · 65 Stat. 308
Enacted · 42 U.S.C. § 1592j
(Sept. 1, 1951, ch. 378, title III, § 311, 65 Stat. 308.)
Source evidence
Code source credit
(Sept. 1, 1951, ch. 378, title III, § 311, 65 Stat. 308.)
0 of 1 references resolved to an enrolled provision · 1 partial
Credits
(Sept. 1, 1951, ch. 378, title III, § 311, 65 Stat. 308.)