40-U.S.C.-543

40-U.S.C.-543

§543 – Method of Disposition

Pathway

Title 40 > Subtitle I > Chapter 5 > Subchapter III > Section 543

Details

  • Reference: Section 543
  • Legend: §543 – Method of Disposition
  • USCode Year: 2013

Provision Content

An executive agency designated or authorized by the Administrator of General Services to dispose of surplus property may do so by sale, exchange, lease, permit, or transfer, for cash, credit, or other property, with or without warranty, on terms and conditions that the Administrator considers proper. The agency may execute documents to transfer title or other interest in the property and may take other action it considers necessary or proper to dispose of the property under this chapter.

(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1086.)

Historical and Revision Notes
Revised
Section
Source (U.S. Code) Source (Statutes at Large)
543 40:484(c). June 30, 1949, ch. 288, title II, §203(c), 63 Stat. 385.

U.S. Encyclopedia of Law Coverage

Subchapter I – Procurement and Warehousing in the Legal Encyclopedia: Public Property

In this entry about Subchapter I – Procurement and Warehousing, find legal reference material, bibliographies and premiere content related to public property in the American Encyclopedia of Law, presenting a comprehensive view of the United States public property-specific issues, written by authorities in the field.

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