2015 US Code
Title 7 - Agriculture (Sections 1 - 9097)
Chapter 33 - Farm Tenancy (Sections 1000 - 1040)
Subchapter IV - General Provisions (Sections 1014 - 1040)
Sec. 1037 - Sale of reserved mineral interests; disposition of proceeds

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 7 - AGRICULTURE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 7 - AGRICULTURE
CHAPTER 33 - FARM TENANCY
SUBCHAPTER IV - GENERAL PROVISIONS
Sec. 1037 - Sale of reserved mineral interests; disposition of proceeds
Containssection 1037
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionreserved
Source CreditSept. 6, 1950, ch. 897, §5, 64 Stat. 770.
Statutes at Large Reference64 Stat. 770

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7 U.S.C. § 1037 (2015)
§1037. Sale of reserved mineral interests; disposition of proceeds

All proceeds from sales made under sections 1033 to 1039 of this title of mineral interests described in section 1033 of this title shall be covered into the Treasury of the United States as miscellaneous receipts, except that the proceeds from sales of mineral interests which were a part of or derived from the assets transferred pursuant to the transfer agreements with State rural rehabilitation corporations shall be credited to the appropriate corporation account.

(Sept. 6, 1950, ch. 897, §5, 64 Stat. 770.)

CODIFICATION

Section was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.

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