2012 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

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Metadata
Publication TitleUnited States Code, 2012 Edition, Title 43 - PUBLIC LANDS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 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
Containssection 562
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawNo
Dispositionstandard
Source CreditApr. 16, 1906, ch. 1631, §2, 34 Stat. 116.
Statutes at Large Reference34 Stat. 116

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TOWN SITES, PARKS, PLAYGROUNDS, AND SCHOOL SITES - 43 U.S.C. § 562 (2012)
§562. Appraisal and sale of town lots

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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