2013 US Code
Title 16 - Conservation
Chapter 3 - FORESTS; FOREST SERVICE; REFORESTATION; MANAGEMENT (§§ 551 - 583j-9)
Subchapter I - GENERAL PROVISIONS (§§ 551 - 580q)
Section 579b - Working capital fund; establishment; availability; transfer; capitalization; advance payments credited
| Publication Title | United States Code, 2012 Edition, Supplement 1, Title 16 - CONSERVATION |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 16 - CONSERVATION CHAPTER 3 - FORESTS; FOREST SERVICE; REFORESTATION; MANAGEMENT SUBCHAPTER I - GENERAL PROVISIONS Sec. 579b - Working capital fund; establishment; availability; transfer; capitalization; advance payments credited |
| Contains | section 579b |
| Date | 2013 |
| Laws in Effect as of Date | January 16, 2014 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Aug. 3, 1956, ch. 950, §13, 70 Stat. 1034; Pub. L. 87-869, §10, Oct. 23, 1962, 76 Stat. 1157. |
| Statutes at Large References | 70 Stat. 1034 76 Stat. 1157 |
| Public Law References | Public Law 87-869 |
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There is established a working capital fund which shall be available without fiscal year limitation for expenses necessary, including the purchase or construction of buildings and improvements within the limitations thereon set forth in the appropriations for the Forest Service, for furnishing supply and equipment services in support of programs of the Forest Service. The Secretary of Agriculture is authorized to transfer to the fund, without reimbursement, and to capitalize in the fund at fair and reasonable values, such receivables, inventories, equipment, and other assets as he may determine, and assume the liabilities in connection with such assets: Provided, That the fund shall be credited with advance payments in connection with firm orders and reimbursements from appropriations and funds of the Forest Service, other departmental and Federal agencies, and from other sources, as authorized by law, at rates approximately equal to the cost of furnishing the facilities and service.
(Aug. 3, 1956, ch. 950, §13, 70 Stat. 1034; Pub. L. 87–869, §10, Oct. 23, 1962, 76 Stat. 1157.)
AMENDMENTS1962—Pub. L. 87–869 struck out the $25,000,000 limitation on amount of capitalization in Forest Service working capital fund.
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