2021 US Code
Title 40 - Public Buildings, Property, and Works
Subtitle I - Federal Property and Administrative Services
Chapter 13 - Public Property
Sec. 1301 - Charge of property transferred to the Federal Government

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Citation 40 U.S.C. § 1301 (2021)
Section Name §1301. Charge of property transferred to the Federal Government
Section Text

(a) In General.—Except as provided in subsection (b), the Administrator of General Services shall have charge of—

(1) all land and other property which has been or may be assigned, set off, or conveyed to the Federal Government in payment of debts;

(2) all trusts created for the use of the Government in payment of debts due the Government; and

(3) the sale and disposal of land—

(A) assigned or set off to the Government in payment of debt; or

(B) vested in the Government by mortgage or other security for the payment of debts.


(b) Nonapplication.—This section does not apply to—

(1) real estate which has been or shall be assigned, set off, or conveyed to the Government in payment of debts arising under the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.); or

(2) trusts created for the use of the Government in payment of debts arising under the Code and due the Government.

Source Credit

(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1131.)

Editorial Notes
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
1301 40:301. R.S. §3750; Pub. L. 89–30, §2, June 2, 1965, 79 Stat. 119.

In subsection (a), the words "Except as provided in subsection (b)" are added for clarity.

In subsection (b)(1), the words "the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.)" are substituted for "the internal-revenue laws" for clarity and for consistency in the revised title and with other titles of the United States Code.


EDITORIAL NOTES REFERENCES IN TEXT

The Internal Revenue Code of 1986, referred to in subsec. (b)(1), is classified to Title 26, Internal Revenue Code.

Publication Title United States Code, 2018 Edition, Supplement 3, Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS
SUBTITLE I - FEDERAL PROPERTY AND ADMINISTRATIVE SERVICES
CHAPTER 13 - PUBLIC PROPERTY
Sec. 1301 - Charge of property transferred to the Federal Government
Contains section 1301
Date 2021
Laws In Effect As Of Date January 3, 2022
Positive Law Yes
Disposition transferred
Statutes at Large References 79 Stat. 119
116 Stat. 1131
Public Law References Public Law 89-30, Public Law 107-217
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