Title 43 — Public Lands
Chapter 12 — Reclamation and Irrigation of Lands by Federal Government
§ 562. Appraisal and sale of town lots
Statutory text
The lots so surveyed shall be appraised under the direction of the Secretary of the Interior and sold under his direction at not less than their appraised value at public auction to the highest bidders, from time to time, for cash, and the lots offered for sale and not disposed of may afterwards be sold at not less than the appraised value under such regulations as the Secretary of the Interior may prescribe. Reclamation funds may be used to defray the necessary expenses of appraisement and sale, and the proceeds of such sales shall be covered into the reclamation fund.
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.
Pub. L. 59–1631 § 2 · 34 Stat. 116
Enacted · 43 U.S.C. § 562
(Apr. 16, 1906, ch. 1631, § 2, 34 Stat. 116.)
Source evidence
Code source credit
(Apr. 16, 1906, ch. 1631, § 2, 34 Stat. 116.)Enacted provision · exact public law section
Sec. 2. Appraisement and sale of lots, etc. That the lots so surveyed shall be appraised under the direction of the Secretary of the Interior and sold under his direction at not less than their appraised value at public auction to the highest bidders, from time to time, for cash, and the lots offered for sale and not disposed of may afterwards be sold at not less than the appraised value under such regulations as the Secretary of the Interior may prescribe. Expenses and proceeds. Reclamation funds may be used to defray the necessary expenses of appraisement and sale, and the proceeds of such sales shall be covered into the reclamation fund.
1 of 1 references resolved to an enrolled provision
Credits
(Apr. 16, 1906, ch. 1631, § 2, 34 Stat. 116.)