FEDERAL · 16 U.S.C. · Chapter SUBCHAPTER I—REGULATION OF THE DEVELOPMENT OF WATER POWER AND RESOURCES
Transfer of license; obligations of transferee
16 U.S.C. § 801
Title16 — Conservation
ChapterSUBCHAPTER I—REGULATION OF THE DEVELOPMENT OF WATER POWER AND RESOURCES
This text of 16 U.S.C. § 801 (Transfer of license; obligations of transferee) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
16 U.S.C. § 801.
Text
No voluntary transfer of any license, or of the rights thereunder granted, shall be made without the written approval of the commission; and any successor or assign of the rights of such licensee, whether by voluntary transfer, judicial sale, foreclosure sale, or otherwise, shall be subject to all the conditions of the license under which such rights are held by such licensee and also subject to all the provisions and conditions of this chapter to the same extent as though such successor or assign were the original licensee under this chapter: Provided, That a mortgage or trust deed or judicial sales made thereunder or under tax sales shall not be deemed voluntary transfers within the meaning of this section.
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Source Credit
History
(June 10, 1920, ch. 285, pt. I, §8, 41 Stat. 1068; renumbered pt. I, Aug. 26, 1935, ch. 687, title II, §212, 49 Stat. 847.)
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16 U.S.C. § 801, Counsel Stack Legal Research, https://law.counselstack.com/usc/16/801.