2016 US Code
Title 42 - The Public Health and Welfare
Chapter 23 - Development and Control of Atomic Energy
Division B - United States Enrichment Corporation
Subchapter VIII - United States Enrichment Corporation Privatization
Sec. 2297h-1 - Sale of Corporation

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Citation 42 U.S.C. § 2297h-1 (2016)
Section Name §2297h–1. Sale of Corporation
Section Text (a) Authorization

The Board of Directors of the Corporation, with the approval of the Secretary of the Treasury, shall transfer the interest of the United States in the United States Enrichment Corporation to the private sector in a manner that provides for the long-term viability of the Corporation, provides for the continuation by the Corporation of the operation of the Department of Energy's gaseous diffusion plants, provides for the protection of the public interest in maintaining a reliable and economical domestic source of uranium mining, enrichment and conversion services, and, to the extent not inconsistent with such purposes, secures the maximum proceeds to the United States.

(b) Proceeds

Proceeds from the sale of the United States' interest in the Corporation shall be deposited in the general fund of the Treasury.

Source Credit

(Pub. L. 104–134, title III, §3103, Apr. 26, 1996, 110 Stat. 1321–336.)

Editorial Notes CODIFICATION

Section was enacted as part of the USEC Privatization Act and also as part of the Omnibus Consolidated Rescissions and Appropriations Act of 1996, and not as part of the Atomic Energy Act of 1954 which comprises this chapter.

Publication Title United States Code, 2012 Edition, Supplement 4, Title 42 - THE PUBLIC HEALTH AND WELFARE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 42 - THE PUBLIC HEALTH AND WELFARE
CHAPTER 23 - DEVELOPMENT AND CONTROL OF ATOMIC ENERGY
Division B - United States Enrichment Corporation
SUBCHAPTER VIII - UNITED STATES ENRICHMENT CORPORATION PRIVATIZATION
Sec. 2297h-1 - Sale of Corporation
Contains section 2297h-1
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 110 Stat. 1321-336
Public Law References Public Law 104-134
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