42-U.S.C.-2234
§2234 – Inalienability of Licenses
Pathway
Title 42 > Chapter 23 > Subchapter XV > Section 2234
Details
- Reference: Section 2234
- Legend: §2234 – Inalienability of Licenses
- USCode Year: 2011
Provision Content
No license granted hereunder and no right to utilize or produce special nuclear material granted hereby shall be transferred, assigned or in any manner disposed of, either voluntarily or involuntarily, directly or indirectly, through transfer of control of any license to any person, unless the Commission shall, after securing full information, find that the transfer is in accordance with the provisions of this chapter, and shall give its consent in writing. The Commission may give such consent to the creation of a mortgage, pledge, or other lien upon any facility or special nuclear material, owned or thereafter acquired by a licensee, or upon any leasehold or other interest to such facility, and the rights of the creditors so secured may thereafter be enforced by any court subject to rules and regulations established by the Commission to protect public health and safety and promote the common defense and security.
(Aug. 1, 1946, ch. 724, title I, §184, as added Aug. 30, 1954, ch. 1073, §1, 68 Stat. 954; amended Pub. L. 88–489, §19, Aug. 26, 1964, 78 Stat. 607; renumbered title I, Pub. L. 102–486, title IX, §902(a)(8), Oct. 24, 1992, 106 Stat. 2944.)
Amendments
1964—Pub. L. 88–489 inserted “or special nuclear material,” after “lien upon any facility” and substituted “interest in such facility” for “interest in such property”.
U.S. Encyclopedia of Law Coverage
42-U.S.C.-2296B-4 in the Legal Encyclopedia: Atomic Energy
In this entry about 42-U.S.C.-2296B-4, find legal reference material, bibliographies and premiere content related to atomic energy in the American Encyclopedia of Law, presenting a comprehensive view of the United States atomic energy-specific issues, written by authorities in the field.
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