43 U.S.C. § 1735 — Forfeitures and deposits
submitted 50 years ago by Pub. L. 94-579 to r/title-43-PUBLIC-LANDS · 259 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Any moneys received by the United States as a result of the forfeiture of a bond or other security by a resource developer or purchaser or permittee who does not fulfill the requirements of his contract or permit or does not comply with the regulations of the Secretary; or as a result of a compromise or settlement of any claim whether sounding in tort or in contract involving present or potential damage to the public lands shall be credited to a separate account in the Treasury and are hereby authorized to be appropriated and made available, until expended as the Secretary may direct, to cover the cost to the United States of any improvement, protection, or rehabilitation work on those public lands which has been rendered necessary by the action which has led to the forfeiture, compromise, or settlement.
Any moneys collected under this Act in connection with lands administered under the Act of August 28, 1937 (50 Stat. 874; 43 U.S.C. 1181a–1181j),1 shall be expended for the benefit of such land only.
If any portion of a deposit or amount forfeited under this Act is found by the Secretary to be in excess of the cost of doing the work authorized under this Act, the Secretary, upon application or otherwise, may cause a refund of the amount in excess to be made from applicable funds.
Source credit: (Pub. L. 94–579, title III, § 305, Oct. 21, 1976, 90 Stat. 2765.)
- 1976Enacted · Pub. L. 94-579 · 90 Stat. 2765
A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-579 on 1976-10-21.
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