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43 U.S.C. § 1338 — Disposition of revenues

submitted 73 years ago by ch. 345 to r/title-43-PUBLIC-LANDS · 51 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about disposition of revenues. It assigns the stated duties and permissions and sets the stated limits, procedures, and exceptions.

All rentals, royalties, and other sums paid to the Secretary or the Secretary of the Navy under any lease on the outer Continental Shelf for the period from June 5, 1950, to date, and thereafter must be deposited in the Treasury of the United States and credited to miscellaneous receipts.

the actual law source: uscode.house.gov ↗public domain

All rentals, royalties, and other sums paid to the Secretary or the Secretary of the Navy under any lease on the outer Continental Shelf for the period from June 5, 1950, to date, and thereafter shall be deposited in the Treasury of the United States and credited to miscellaneous receipts.

Source credit: (Aug. 7, 1953, ch. 345, § 9, 67 Stat. 469.)

history & why it existsrecord from the source credit
  • 1953Enacted · Act of Aug. 7, 1953, ch. 345 · 67 Stat. 469

A history note hasn’t been published yet. The record shows enactment by ch. 345 on 1953-08-07.

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