2021 US Code
Title 7 - Agriculture
Chapter 33 - Farm Tenancy
Subchapter IV - General Provisions
Sec. 1037 - Sale of reserved mineral interests; disposition of proceeds

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Citation 7 U.S.C. § 1037 (2021)
Section Name §1037. Sale of reserved mineral interests; disposition of proceeds
Section Text

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.

Source Credit

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


Editorial Notes EDITORIAL NOTES CODIFICATION

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

Publication Title United States Code, 2018 Edition, Supplement 3, Title 7 - AGRICULTURE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 7 - AGRICULTURE
CHAPTER 33 - FARM TENANCY
SUBCHAPTER IV - GENERAL PROVISIONS
Sec. 1037 - Sale of reserved mineral interests; disposition of proceeds
Contains section 1037
Date 2021
Laws In Effect As Of Date January 3, 2022
Positive Law No
Disposition reserved
Statutes at Large References 64 Stat. 770
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