10-U.S.C.-7665

§7665 – Sale of Prize

Pathway

Title 10 > Subtitle C > Part IV > Chapter 655 > Section 7665

Details

• Reference: Section 7665
• Legend: §7665 – Sale of Prize
• USCode Year: 2013

Provision Content

(a) The court shall order a sale of prize property if—

(1) the property has been condemned;

(2) the court finds, at any stage of the proceedings, that the property is perishable, liable to deteriorate, or liable to depreciate in value; or

(3) the cost of keeping the property is disproportionate to its value.

(b) The court may order a sale of the prize property if, after the return-day on the libel, all the parties in interest who have appeared in the cause agree to it.

(c) An appeal does not prevent the order of a sale under this section or the execution of such an order.

(Aug. 10, 1956, ch. 1041, 70A Stat. 479.)

In subsection (a) the word perishing is omitted as surplusage. The words in value are added after depreciate for clarity.

In subsection (c) the words An appeal does not prevent are substituted for the words no appeal shall operate to prevent.

U.S. Encyclopedia of Law Coverage

10-U.S.C.-7621 in the Legal Encyclopedia: Navy

In this entry about 10-U.S.C.-7621, find legal reference material, bibliographies and premiere content related to navy in the American Encyclopedia of Law, presenting a comprehensive view of the United States navy-specific issues, written by authorities in the field.

10-U.S.C.-7653 in the Legal Encyclopedia: Navy Administration

In this entry about 10-U.S.C.-7653, find legal reference material, bibliographies and premiere content related to navy administration in the American Encyclopedia of Law, presenting a comprehensive view of the United States navy administration-specific issues, written by authorities in the field.

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