2021 US Code
Title 43 - Public Lands
Chapter 12 - Reclamation and Irrigation of Lands by Federal Government
Subchapter XV - Town Sites, Parks, Playgrounds, and School Sites
Sec. 562 - Appraisal and sale of town lots

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Citation 43 U.S.C. § 562 (2021)
Section Name §562. Appraisal and sale of town lots
Section 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.

Source Credit

(Apr. 16, 1906, ch. 1631, §2, 34 Stat. 116.)

Publication Title United States Code, 2018 Edition, Supplement 3, Title 43 - PUBLIC LANDS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 43 - PUBLIC LANDS
CHAPTER 12 - RECLAMATION AND IRRIGATION OF LANDS BY FEDERAL GOVERNMENT
SUBCHAPTER XV - TOWN SITES, PARKS, PLAYGROUNDS, AND SCHOOL SITES
Sec. 562 - Appraisal and sale of town lots
Contains section 562
Date 2021
Laws In Effect As Of Date January 3, 2022
Positive Law No
Disposition standard
Statutes at Large References 34 Stat. 116
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