20 U.S.C. § 127 — Transfer of facilities by University or cessation of operation as teaching hospital facilities; recovery of value by United States

FEDERAL · 20 U.S.C. · Chapter 8

Transfer of facilities by University or cessation of operation as teaching hospital facilities; recovery of value by United States

Current through Pub. L. 119-102

Title 20 — Education·Ch. 8 — HOWARD UNIVERSITY·Subch. I

If, within twenty years after the completion of construction (as determined by the Secretary of Health, Education, and Welfare) of the new hospital facilities authorized by section 126 of this title, any of such facilities, or of the facilities transferred pursuant to section 124 of this title and combined with such new facilities, are transferred by Howard University to any other person or entity (except a transfer to the United States) or cease to be operated by the university as teaching hospital facilities, the United States shall be entitled to recover from the transferee or the university, in the case of a transfer, or from the university, if there is no transfer, an amount equal to the then value of such facilities (or so much thereof as is involved in the transfer, as the case may 

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If, within twenty years after the completion of construction (as determined by the Secretary of Health, Education, and Welfare) of the new hospital facilities authorized by section 126 of this title, any of such facilities, or of the facilities transferred pursuant to section 124 of this title and combined with such new facilities, are transferred by Howard University to any other person or entity (except a transfer to the United States) or cease to be operated by the university as teaching hospital facilities, the United States shall be entitled to recover from the transferee or the university, in the case of a transfer, or from the university, if there is no transfer, an amount equal to the then value of such facilities (or so much thereof as is involved in the transfer, as the case may be), such value to be determined by agreement of the parties or by action brought in the United States District Court for the District of Columbia.

20 U.S.C. § 127 (Transfer of facilities by University or cessation of operation as teaching hospital facilities; recovery of value by United States) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(Pub. L. 87–262, §4, Sept. 21, 1961, 75 Stat. 543.)

Editorial Notes

Statutory Notes and Related Subsidiaries

Transfer of Functions
Functions of Secretary of Health, Education, and Welfare under laws relating to relationship between Howard University and Department of Health, Education, and Welfare transferred to Secretary of Education by section 3441(a)(2)(M) of this title.