40-U.S.C.-1301

§1301 – Charge of Property Transferred to The Federal Government

Pathway

Title 40 > Subtitle I > Chapter 13 > Section 1301

Details

• Reference: Section 1301
• Legend: §1301 – Charge of Property Transferred to The Federal Government
• USCode Year: 2013

Provision Content

(a) In General.—Except as provided in subsection (b), the Administrator of General Services shall have charge of—

(1) all land and other property which has been or may be assigned, set off, or conveyed to the Federal Government in payment of debts;

(2) all trusts created for the use of the Government in payment of debts due the Government; and

(3) the sale and disposal of land—

(A) assigned or set off to the Government in payment of debt; or

(B) vested in the Government by mortgage or other security for the payment of debts.

(b) Nonapplication.—This section does not apply to—

(1) real estate which has been or shall be assigned, set off, or conveyed to the Government in payment of debts arising under the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.); or

(2) trusts created for the use of the Government in payment of debts arising under the Code and due the Government.

(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1131.)

In subsection (a), the words Except as provided in subsection (b) are added for clarity.

In subsection (b)(1), the words the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.) are substituted for the internal-revenue laws for clarity and for consistency in the revised title and with other titles of the United States Code.

References in Text

The Internal Revenue Code of 1986, referred to in subsec. (b)(1), is classified to Title 26, Internal Revenue Code.

U.S. Encyclopedia of Law Coverage

40-U.S.C.-101 in the Legal Encyclopedia: Public Property

In this entry about 40-U.S.C.-101, 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.

Topic Map

• Browse the Topic Map in relation with Title 40 (Public Buildings, Property, And Works) guided by subject interests.