2011 US Code
Title 43 - Public Lands
Chapter 12 - RECLAMATION AND IRRIGATION OF LANDS BY FEDERAL GOVERNMENT (§§ 371 - 616yyyy)
Subchapter XV - TOWN SITES, PARKS, PLAYGROUNDS, AND SCHOOL SITES (§§ 561 - 573)
Section 562 - Appraisal and sale of town lots
View MetadataPublication Title | United States Code, 2006 Edition, Supplement 5, 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 | 2011 |
Laws in Effect as of Date | January 3, 2012 |
Positive Law | No |
Disposition | standard |
Source Credit | Apr. 16, 1906, ch. 1631, §2, 34 Stat. 116. |
Statutes at Large Reference | 34 Stat. 116 |
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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.
(Apr. 16, 1906, ch. 1631, §2, 34 Stat. 116.)
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