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

submitted 65 years ago by Pub. L. 87-262 to r/title-20-EDUCATION · 163 words · no verdicts yet

in plain englishAI-generated · not legal advice

Howard University received federal funds to build new hospital facilities. For 20 years after construction, it must keep using them as a teaching hospital. If it transfers them or stops that use, the United States may recover the facilities' value.

This section applies for 20 years after the Secretary of Health, Education, and Welfare determines that construction of the new hospital facilities authorized by section 126 of this title is complete. During that 20-year window, if Howard University transfers any of those new facilities — or any of the facilities transferred to it under section 124 and combined with the new ones — to any person or entity other than the United States, or if the university stops operating them as teaching hospital facilities, the United States can recover money from whoever is responsible. If there was a transfer, the United States can collect from either the person who received the facilities or from the university. If there was no transfer but the university simply stopped using the facilities as a teaching hospital, the United States collects from the university. The amount owed equals the current value of the facilities involved (or the part of them involved in the transfer). That value is set either by agreement between the parties or by a lawsuit filed in the United States District Court for the District of Columbia.
the actual law source: uscode.house.gov ↗public domain

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.

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

history & why it existsrecord from the source credit
  • 1961Enacted · Pub. L. 87-262 · 75 Stat. 543

A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-262 on 1961-09-21.

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