43 U.S.C. § 472 — Installments on entries or applications made after August 13, 1914, and prior to December 5, 1924

submitted 112 years ago by ch. 247 to r/title-43-PUBLIC-LANDS · 146 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law covers people whose land became subject to a 1902 irrigation law between 1914 and 1924. They must pay off the remaining balance in 15 yearly installments. The first five payments are 5% of the cost each, and the rest are 7% each.

This law applies to two groups of people: those whose land became subject to the reclamation law after August 13, 1914, and before December 5, 1924, and those who filed an entry for land under that law during that same window. The "reclamation law" is the Act of June 17, 1902, which used money from selling public land to build irrigation systems for dry land, plus any laws that later amended or added to it. People in either group must pay the balance of their construction charge -- the fee for the irrigation works -- after their first payment, spread across 15 yearly installments. Walk through the payments step by step: the first five installments are each 5 percent of the total construction charge. Every installment after that -- the remaining ten -- is 7 percent of the construction charge, until the whole amount is paid off.

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

Any person whose lands, after August 13, 1914, and prior to December 5, 1924, became subject to the terms and conditions of the Act approved June seventeenth, nineteen hundred and two, entitled “An Act appropriating the receipts from the sale and disposal of public lands in certain States and Territories to the construction of irrigation works for the reclamation of arid lands,” and Acts amendatory thereof or supplementary thereto, hereafter to be referred to as the reclamation law, and any person who, after August 13, 1914, and prior to December 5, 1924, made entry thereunder shall pay the balance of said charge after the initial payment in fifteen annual installments, the first five of which shall each be five per centum of the construction charge and the remainder shall each be seven per centum until the whole amount shall have been paid.

Source credit: (Aug. 13, 1914, ch. 247, § 1, 38 Stat. 686.)

history & why it existsrecord from the source credit

1914Enacted · Act of Aug. 13, 1914, ch. 247 · 38 Stat. 686

A history note hasn’t been published yet. The record shows enactment by ch. 247 on 1914-08-13.

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