40-U.S.C.-1312

§1312 – Release of Real Estate In Certain Cases

Pathway

Title 40 > Subtitle I > Chapter 13 > Section 1312

Details

• Reference: Section 1312
• Legend: §1312 – Release of Real Estate In Certain Cases
• USCode Year: 2013

Provision Content

(a) In General.—Real estate that has become the property of the Federal Government in payment of a debt which afterward is fully paid in money and received by the Government may be conveyed by the Administrator of General Services to the debtor from whom it was taken or to the heirs or devisees of the debtor or the person that they may appoint.

(b) Nonapplication.—This section does not apply to real estate the Government acquires in payment of any debt arising under the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.).

(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1138.)

In subsection (a), the words by conveyance, extent, or otherwise are omitted as unnecessary. The words General Counsel for the Department of the Treasury were substituted for Solicitor of the Treasury in section 3751 of the Revised Statutes because section 512(b) of the Revenue Act of 1934 (ch. 277, 48 Stat. 759) abolished the offices of General Counsel and Assistant General Counsel for the Bureau of Internal Revenue and the offices of Solicitor and Assistant Solicitor of the Treasury and transferred the powers, duties, and functions of those offices to the General Counsel for the Department of the Treasury. The words release by deed or otherwise and if he is living, or, if such debtor is dead are omitted as unnecessary.

In subsection (b), 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 Code.

References in Text

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

U.S. Encyclopedia of Law Coverage

40-U.S.C.-1307 in the Legal Encyclopedia: Public Property

In this entry about 40-U.S.C.-1307, 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

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