Title 42 — The Public Health and Welfare
Chapter 24 — Disposal of Atomic Energy Communities
§ 2365. Amount of indemnity
Statutory text
The indemnity obligation of the Commission specified in section 2363 of this title shall be for such amount, less the sales price of the property, as would have remained unpaid under a loan entered into on the date of the execution of the original deed by the Commission—
which was in the amount of the purchase price from the Commission and provided for equal monthly payments of principal and interest over a period of twenty years computed on the basis of the average interest and other charges recorded for property of the same class at the community; and
on which all payments due to the date when notice was received by the Commission had been made.
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.
(Aug. 4, 1955, ch. 543, ch. 6, § 65, 69 Stat. 479.) · 69 Stat. 479
Enacted · 42 U.S.C. § 2365
(Aug. 4, 1955, ch. 543, ch. 6, § 65, 69 Stat. 479.)
Source evidence
Code source credit
(Aug. 4, 1955, ch. 543, ch. 6, § 65, 69 Stat. 479.)
0 of 1 references resolved to an enrolled provision · 1 partial
Statutory Notes and Related Subsidiaries
Transfer of Functions
Atomic Energy Commission abolished and functions transferred by sections 5814 and 5841 of this title. See also Transfer of Functions notes set out under those sections.
Credits
(Aug. 4, 1955, ch. 543, ch. 6, § 65, 69 Stat. 479.)