Title 43 — Public Lands
Chapter 12 — Reclamation and Irrigation of Lands by Federal Government
§ 565. Terms of sale of town lots; installments of price
Statutory text
In the sale of town lots under the provisions of sections 562 and 563 of this title the Secretary of the Interior may, in his discretion, require payments for such town lots in full at time of sale or in annual installments, not exceeding five, with interest at the rate of 6 per centum per annum on deferred payments.
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. 61–284 § 2 · 36 Stat. 465
Enacted · 43 U.S.C. § 565
(June 11, 1910, ch. 284, § 2, 36 Stat. 466.)
Source evidence
Code source credit
(June 11, 1910, ch. 284, § 2, 36 Stat. 466.)Enacted provision · exact public law section
Sec. 2. That in the sale of town lots under the provisions of the said Acts of April sixteenth and June twenty-seventh, nineteen hundred and six, the Secretary of the Interior may, in his discretion, require payment for such town lots in full at time of sale or in annual installments, not exceeding five, with interest at the rate of six per centum per annum on deferred payments.
1 of 1 references resolved to an enrolled provision
Editorial Notes
References in Text
Section 594 of this title, referred to in text, was omitted from the Code.
Credits
(June 11, 1910, ch. 284, § 2, 36 Stat. 466.)