§ 565. — Terms of sale of town lots; installments of price.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 43USC565]
TITLE 43--PUBLIC LANDS
CHAPTER 12--RECLAMATION AND IRRIGATION OF LANDS BY FEDERAL GOVERNMENT
SUBCHAPTER XV--TOWN SITES, PARKS, PLAYGROUNDS, AND SCHOOL SITES
Sec. 565. Terms of sale of town lots; installments of price
In the sale of town lots under the provisions of sections 562 and
563 of this title the Secretary of the Interior may, in his discretion,
require payments for such town lots in full at time of sale or in annual
installments, not exceeding five, with interest at the rate of 6 per
centum per annum on deferred payments.
(June 11, 1910, ch. 284, Sec. 2, 36 Stat. 466.)
References in Text
Section 594 of this title, referred to in text, was omitted from the
Code.
