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10 U.S.C. · Armed Forces
10 U.S.C. § 8865

Sale of prize

Ch. 883 — PRIZE
Title 10 U.S.C. ● ACTIVE Primary Source Ch. 883
Statutory Text

10 U.S.C. § 8865 — Sale of prize

U.S.C. Title 10 - ARMED FORCES 10 U.S.C. United States Code, 2023 Edition Title 10 - ARMED FORCES Subtitle C - Navy and Marine Corps PART IV - GENERAL ADMINISTRATION CHAPTER 883 - PRIZE Sec. 8865 - Sale of prize From the U.S. Government Publishing Office, www.gpo.gov

§8865. Sale of prize

(a) The court shall order a sale of prize property if— (1) the property has been condemned; (2) the court finds, at any stage of the proceedings, that the property is perishable, liable to deteriorate, or liable to depreciate in value; or (3) the cost of keeping the property is disproportionate to its value.

(b) The court may order a sale of the prize property if, after the return-day on the libel, all the parties in interest who have appeared in the cause agree to it. (c) An appeal does not prevent the order of a sale under this section or the execution of such an order.

(Aug. 10, 1956, ch. 1041, 70A Stat. 479, §7665; renumbered §8865, Pub. L. 115–232, div. A, title VIII, §807(d)(9), Aug. 13, 2018, 132 Stat. 1837.)

Historical and Revision Notes Revised sectionSource (U.S. Code)Source (Statutes at Large)

7665 34 U.S.C. 1143. R.S. 4627.

In subsection (a) the word "perishing" is omitted as surplusage. The words "in value" are added after "depreciate" for clarity. In subsection (c) the words "An appeal does not prevent" are substituted for the words "no appeal shall operate to prevent".

Editorial Notes

Amendments 2018—Pub. L. 115–232 renumbered section 7665 of this title as this section.

Statutory Notes and Related Subsidiaries

Effective Date of 2018 Amendment Amendment by Pub. L. 115–232 effective Feb. 1, 2019, with provision for the coordination of amendments and special rule for certain redesignations, see section 800 of Pub. L. 115–232, set out as a note preceding section 3001 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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10 U.S.C. § 8865
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The statutory text of 10 U.S.C. § 8865 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Ch. 883 — PRIZE
10 U.S.C. § 885110 U.S.C. § 885210 U.S.C. § 885310 U.S.C. § 885410 U.S.C. § 885510 U.S.C. § 885610 U.S.C. § 885710 U.S.C. § 885810 U.S.C. § 885910 U.S.C. § 886010 U.S.C. § 886110 U.S.C. § 886210 U.S.C. § 886310 U.S.C. § 886410 U.S.C. § 886510 U.S.C. § 886610 U.S.C. § 886710 U.S.C. § 886810 U.S.C. § 886910 U.S.C. § 887010 U.S.C. § 887110 U.S.C. § 887210 U.S.C. § 887310 U.S.C. § 887410 U.S.C. § 887510 U.S.C. § 887610 U.S.C. § 887710 U.S.C. § 887810 U.S.C. § 887910 U.S.C. § 8880
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