16-U.S.C.-33

16-U.S.C.-33

§33 – Mortgages By Lessees Within The Park

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Title 16 > Chapter 1 > Subchapter V > Section 33

Details

  • Reference: Section 33
  • Legend: §33 – Mortgages By Lessees Within The Park
  • USCode Year: 2013

Provision Content

Any person, corporation, or company holding a lease within Yellowstone Park for the purposes described in section 32 of this title is authorized, with the approval of the Secretary of the Interior, to execute mortgages upon his or its rights, properties, and franchises, including his or its contract or contracts with the Secretary of the Interior, and such mortgages, together with the approval of the Secretary of the Interior may be filed for record in the office of the Secretary of the Interior, and when so recorded shall have all the effect of a public record. Any mortgage, lien, or encumbrance created under the provisions of this section shall be subject to the rights of the Government to compel the enforcement of the terms of the lease or contract of the mortgagor, and any purchaser under a foreclosure of such encumbrance shall take subject to all the conditions assumed by the original lessee or contractor.

(June 4, 1906, ch. 2570, 34 Stat. 207.)

U.S. Encyclopedia of Law Coverage

Subchapter V – Yellowstone National Park in the Legal Encyclopedia: Conservation

In this entry about Subchapter V – Yellowstone National Park, find legal reference material, bibliographies and premiere content related to conservation in the American Encyclopedia of Law, presenting a comprehensive view of the United States conservation-specific issues, written by authorities in the field.

16-U.S.C.-24 in the Legal Encyclopedia: Parks

In this entry about 16-U.S.C.-24, find legal reference material, bibliographies and premiere content related to parks in the American Encyclopedia of Law, presenting a comprehensive view of the United States parks-specific issues, written by authorities in the field.

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