10 U.S.C. § 8733 — Disposition of royalties
submitted 70 years ago by ch. 1041 to r/title-10-ARMED-FORCES · 60 words · no verdicts yet
Royalty oil, gas, gasoline, or similar substances owed to the United States must be delivered in kind or paid for in money, whichever the Secretary chooses. All money from reserve lands goes into the Treasury.
(a) Any oil, gas, gasoline, or other substance that goes to the United States as royalty from a lease under this chapter must either be delivered to the United States or paid for in money — the Secretary* decides which.
(b) All money that comes to the United States from land in the naval petroleum reserves* must go into the Treasury.
Any oil, gas, gasoline or other substance accruing to the United States as royalty from any lease under this chapter shall be delivered to the United States, or shall be paid for in money, as the Secretary* elects.
All money accruing to the United States from lands in the naval petroleum reserves* shall be covered into the Treasury.
Source credit: (Aug. 10, 1956, ch. 1041, 70A Stat. 461, § 7433; Pub. L. 87–796, § 1(9), Oct. 11, 1962, 76 Stat. 905; Pub. L. 94–258, title II, § 201(14), (15), Apr. 5, 1976, 90 Stat. 313; renumbered § 8733, Pub. L. 115–232, div. A, title VIII, § 807(d)(5), Aug. 13, 2018, 132 Stat. 1836.)
- 1956Enacted · Act of Aug. 10, 1956, ch. 1041
- 1962Amended · Pub. L. 87-796 · 76 Stat. 905
- 1976Amended · Pub. L. 94-258 · 90 Stat. 313
- 2018Amended · Pub. L. 115-232 · 132 Stat. 1836
A history note hasn’t been published yet. The record shows enactment by ch. 1041 on 1956-08-10.
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