2019 US Code
Title 43 - Public Lands
Chapter 12 - Reclamation and Irrigation of Lands by Federal Government
Subchapter XV - Town Sites, Parks, Playgrounds, and School Sites
Sec. 565 - Terms of sale of town lots; installments of price

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Citation 43 U.S.C. § 565 (2019)
Section Name §565. Terms of sale of town lots; installments of price
Section Text

In the sale of town lots under the provisions of sections 562 and 563 of this title the Secretary of the Interior may, in his discretion, require payments for such town lots in full at time of sale or in annual installments, not exceeding five, with interest at the rate of 6 per centum per annum on deferred payments.

Source Credit

(June 11, 1910, ch. 284, §2, 36 Stat. 466.)

Editorial Notes REFERENCES IN TEXT

Section 594 of this title, referred to in text, was omitted from the Code.

Publication Title United States Code, 2018 Edition, Supplement 1, 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. 565 - Terms of sale of town lots; installments of price
Contains section 565
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law No
Disposition standard
Statutes at Large References 36 Stat. 466
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