There Is a Newer Version
of
the U.S. Code
2012 U.S. Code
Title 7 - Agriculture
Chapter 33 - FARM TENANCY (§§ 1000 - 1040)
Subchapter IV - GENERAL PROVISIONS (§§ 1014 - 1040)
Section 1037 - Sale of reserved mineral interests; disposition of proceeds
GENERAL PROVISIONS - 7 U.S.C. § 1037 (2012)
§1037. Sale of reserved mineral interests; disposition of proceeds
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.
(Sept. 6, 1950, ch. 897, §5, 64 Stat. 770.)
CodificationSection was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.
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 U.S. site. Please check official sources.
