31-U.S.C.-6306

§6306 – Authority to Vest Title In Tangible Personal Property For Research

Pathway

Title 31 > Subtitle V > Chapter 63 > Section 6306

Details

• Reference: Section 6306
• Legend: §6306 – Authority to Vest Title In Tangible Personal Property For Research
• USCode Year: 2013

Provision Content

The head of an executive agency may vest title in tangible personal property in a nonprofit institution of higher education or in a nonprofit organization whose primary purpose is conducting scientific research—

(1) when the property is bought with amounts provided under a procurement contract, grant agreement, or cooperative agreement with the institution or organization to conduct basic or applied scientific research;

(2) when the head of the agency decides the vesting furthers the objectives of the agency;

(3) without further obligation to the United States Government; and

(4) under conditions the head of the agency considers appropriate.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1004.)

The text of 41:506(a) is omitted as unnecessary because it duplicates the requirements of sections 6303–6305 of the revised title. The word equipment is omitted as being included in tangible personal property. The words amounts provided under a contract, grant agreement, or cooperative agreement are substituted for such funds for clarity. The words decides the vesting are substituted for it is deemed for clarity. The word conditions is substituted for terms and conditions because it is inclusive.

U.S. Encyclopedia of Law Coverage

31-U.S.C.-6303 in the Legal Encyclopedia: Pubic Finance Administration

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19-U.S.C.-2518 in the Legal Encyclopedia: Procurement

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26-U.S.C.-677 in the Legal Encyclopedia: Grants

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Chapter 180 – Assumption of Certain Contractual Obligations in the Legal Encyclopedia: Contracts

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26-U.S.C.-7122 in the Legal Encyclopedia: Agreements

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