10 U.S.C. § 8864 — Delivery of property on stipulation
submitted 70 years ago by ch. 1041 to r/title-10-ARMED-FORCES · 136 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Prize property may be delivered to a claimant on stipulation, deposit, or other security, if—
the claimant satisfies the court that the property has a peculiar and intrinsic value to him, independent of its market value;
the court is satisfied that the rights and interests of the United States or of other claimants will not be prejudiced;
an opportunity is given to the United States attorney and the naval prize commissioner or the naval special prize commissioner to be heard as to the appointment of appraisers; and
a satisfactory appraisal is made.
Money collected on a stipulation, or deposited instead of it, that does not represent costs shall be deposited with the Treasurer of the United States or a public depositary in the same manner as proceeds of a sale.
Source credit: (Aug. 10, 1956, ch. 1041, 70A Stat. 479, § 7664; renumbered § 8864, Pub. L. 115–232, div. A, title VIII, § 807(d)(9), Aug. 13, 2018, 132 Stat. 1837.)
- 1956Enacted · Act of Aug. 10, 1956, ch. 1041
- 2018Amended · Pub. L. 115-232 · 132 Stat. 1837
A history note hasn’t been published yet. The record shows enactment by ch. 1041 on 1956-08-10.
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