42-U.S.C.-2365

§2365 – Amount of Indemnity

Pathway

Title 42 > Chapter 24 > Subchapter V > Section 2365

Details

• Reference: Section 2365
• Legend: §2365 – Amount of Indemnity
• USCode Year: 2011

Provision Content

The indemnity obligation of the Commission specified in section 2363 of this title shall be for such amount, less the sales price of the property, as would have remained unpaid under a loan entered into on the date of the execution of the original deed by the Commission—

(1) which was in the amount of the purchase price from the Commission and provided for equal monthly payments of principal and interest over a period of twenty years computed on the basis of the average interest and other charges recorded for property of the same class at the community; and

(2) on which all payments due to the date when notice was received by the Commission had been made.

(Aug. 4, 1955, ch. 543, ch. 6, §65, 69 Stat. 479.)

Transfer of Functions

Atomic Energy Commission abolished and functions transferred by sections 5814 and 5841 of this title. See also Transfer of Functions notes set out under those sections.

U.S. Encyclopedia of Law Coverage

Subchapter V – Financing in the Legal Encyclopedia: Atomic Energy

In this entry about Subchapter V – Financing, 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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