2012 US Code
Title 50 - War and National Defense
Appendix (§§ 1 - 2420)
DISPOSAL OF GOVERNMENT-OWNED RUBBER-PRODUCING FACILITIES (§§ 1941 - 1941y)
ACT AUG. 7, 1953, CH. 338, 67 STAT. 408 (§§ 1941 - 1941y)
Section 1941n - Basis for negotiating sale of a facility
Publication Title | United States Code, 2012 Edition, Title 50 - WAR AND NATIONAL DEFENSE |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 50 - WAR AND NATIONAL DEFENSE TITLE 50 - APPENDIX-WAR AND NATIONAL DEFENSE DISPOSAL OF GOVERNMENT-OWNED RUBBER-PRODUCING FACILITIES ACT AUG. 7, 1953, CH. 338, 67 STAT. 408 Sec. 1941n - Basis for negotiating sale of a facility |
Contains | section 1941n |
Date | 2012 |
Laws in Effect as of Date | January 15, 2013 |
Positive Law | No |
Disposition | standard |
Source Credit | Aug. 7, 1953, ch. 338, §16, 67 Stat. 413. |
Statutes at Large References | 67 Stat. 408, 413 75 Stat. 418 |
Public Law Reference | Public Law 87-190 |
Download PDF
In arriving at its recommendations for the disposal of the facilities, the Commission shall use, as the basis for negotiating the sale of each facility the highest amount proposed to be paid for each facility, if, in the opinion of the Commission, the highest amount proposed to be paid was a bona fide proposal and was submitted by a person competent to operate a rubber-producing facility: Provided, That the words “competent to operate a rubber-producing facility” shall not be interpreted so as to require prior experience in the operation of a rubber-producing facility: Provided further, That in using such highest proposed amount as a basis for negotiations the Commission may negotiate with respect to any facility with any person who submitted a proposal on that or any similar facility and may recommend sale of any facility to any person who submitted a proposal on that or any similar facility at a price which is equal to, higher than, or lower than the highest amount proposed to be paid for each facility as the Commission determines will best effectuate the purposes of this Act [sections 1941 to 1941y of this Appendix].
(Aug. 7, 1953, ch. 338, §16, 67 Stat. 413.)
Transfer of FunctionsFunctions, property, records, etc., of Rubber Producing Facilities Disposal Commission transferred to Federal Facilities Corporation by Ex. Ord. No. 10678, Sept. 20, 1956, 21 F.R. 7199, set out under section 1941r of this Appendix.
Federal Facilities Corporation dissolved and functions, property, records, etc., transferred to Administrator of General Services by Pub. L. 87–190, Aug. 30, 1961, 75 Stat. 418, set out as a note under section 1938 of this Appendix.
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.