10-U.S.C.-2210

10-U.S.C.-2210

§2210 – Proceeds of Sales of Supplies: Credit to Appropriations

Pathway

Title 10 > Subtitle A > Part IV > Chapter 131 > Section 2210

Details

  • Reference: Section 2210
  • Legend: §2210 – Proceeds of Sales of Supplies: Credit to Appropriations
  • USCode Year: 2013

Provision Content

(a)(1) A working-capital fund established pursuant to section 2208 of this title may retain so much of the proceeds of disposals of property referred to in paragraph (2) as is necessary to recover the expenses incurred by the fund in disposing of such property. Proceeds from the sale or disposal of such property in excess of amounts necessary to recover the expenses may be credited to current applicable appropriations of the Department of Defense.

(2) Paragraph (1) applies to disposals of supplies, material, equipment, and other personal property that were not financed by stock funds established under section 2208 of this title.

(b) Obligations may, without regard to fiscal year limitations, be incurred against anticipated reimbursements to stock funds in such amounts and for such period as the Secretary of Defense, with the approval of the President, may determine to be necessary to maintain stock levels consistently with planned operations for the next fiscal year.

(Added Pub. L. 87–651, title II, §207(a), Sept. 7, 1962, 76 Stat. 522; amended Pub. L. 96–513, title V, §511(72), Dec. 12, 1980, 94 Stat. 2926; Pub. L. 105–261, div. A, title X, §1009, Oct. 17, 1998, 112 Stat. 2117.)

Historical and Revision Notes
Revised section Source (U.S. Code) Source (Statutes at Large)
2210(a)
2210(b)

5:172d–1 (less proviso).
5:172d–1 (proviso).

Aug. 1, 1953, ch. 305, §645, 67 Stat. 357.

In section (a), the words proceeds of the disposal are substituted for the words moneys arising from the disposition.

Amendments

1998—Subsec. (a). Pub. L. 105–261 amended subsec. (a) generally. Prior to amendment, subsec. (a) read as follows: Current applicable appropriations of the Department of Defense may be credited with proceeds of the disposals of supplies that are not financed by stock funds established under section 2208 of this title.

1980—Subsec. (b). Pub. L. 96–513 substituted President for Director of the Bureau of the Budget.

Effective Date of 1980 Amendment

Amendment by Pub. L. 96–513 effective Dec. 12, 1980, see section 701(b)(3) of Pub. L. 96–513, set out as a note under section 101 of this title.

U.S. Encyclopedia of Law Coverage

Chapter 171 – Repealed in the Legal Encyclopedia: General Military Law

In this entry about Chapter 171 – Repealed, find legal reference material, bibliographies and premiere content related to general military law in the American Encyclopedia of Law, presenting a comprehensive view of the United States general military law-specific issues, written by authorities in the field.

10-U.S.C.-2209 in the Legal Encyclopedia: Supply to Military

In this entry about 10-U.S.C.-2209, find legal reference material, bibliographies and premiere content related to supply to military in the American Encyclopedia of Law, presenting a comprehensive view of the United States supply to military-specific issues, written by authorities in the field.

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