FEDERAL · 42 U.S.C. · Chapter 9
Disposition of moneys derived from rentals, operation, and disposition of property
Current through Pub. L. 119-102
Title 42 — The Public Health and Welfare·Ch. 9 — HOUSING OF PERSONS ENGAGED IN NATIONAL DEFENSE·Subch. IX
Moneys derived from rentals, operation, or disposition of property acquired or constructed under the provisions of this subchapter shall be available for expenses of operation, maintenance, improvement, and disposition of any such property, including the establishment of necessary reserves therefor and administrative expenses in connection therewith: Provided, That such moneys derived from rentals, operation, or disposition may be deposited in a common fund account or accounts in the Treasury: And provided further, That the moneys in such common fund account or accounts shall not exceed $5,000,000 at any time, and all moneys in excess of such amount shall be covered into miscellaneous receipts.
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42 U.S.C. § 1592j (Disposition of moneys derived from rentals, operation, and disposition of property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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History
(Sept. 1, 1951, ch. 378, title III, §311, 65 Stat. 308.)