§ 558. — Proceeds from sale or transfer of property acquired.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 33USC558]
TITLE 33--NAVIGATION AND NAVIGABLE WATERS
CHAPTER 12--RIVER AND HARBOR IMPROVEMENTS GENERALLY
SUBCHAPTER I--GENERAL PROVISIONS
Sec. 558. Proceeds from sale or transfer of property acquired
When any property which has been heretofore or may be hereafter
purchased or acquired for the improvement of rivers and harbors is no
longer needed, or is no longer serviceable and is transferred or sold,
the proceeds thereof may be credited to the appropriation for the work
for which it was acquired.
(June 13, 1902, ch. 1079, Sec. 5, 32 Stat. 373; Feb. 20, 1931, ch. 235,
46 Stat. 1191; Oct. 31, 1951, ch. 654, Sec. 4(4), 65 Stat. 709.)
Codification
Section originally began with the words ``when any land or other''
preceding ``property''. The words, ``land or other'', were deleted on
the basis of act February 20, 1931, which provided, ``that hereafter no
real estate of the War Department shall be sold or disposed of without
authority of Congress, and all existing Acts or parts thereof in
conflict with this proviso, other than special Acts for the sale of
stated tracts of land, are hereby repealed.''
Section is from the first part of section 5 of act June 13, 1902,
which was a provision of the Rivers and Harbors Appropriation Act for
1902. The last part of such section 5 is set out as section 631 of this
title.
Amendments
1951--Act Oct. 31, 1951, struck out provisions authorizing the
Secretary of the Army to sell the unserviceable property referred to,
and authorizing him to direct the transfer of any property employed in
river and harbor works; struck out the provision that the property so
transferred should be valued and credited to the project upon which it
was theretofore used and charged to the project to which it was
transferred; and inserted ``and is transferred or sold, the proceeds
thereof may be credited to the appropriation for the work for which it
was acquired''.
