16 U.S.C. · Conservation
16 U.S.C. § 801

Transfer of license; obligations of transferee

Ch. 12 — FEDERAL REGULATION AND DEVELOPMENT OF POWER
Title 16 U.S.C. ● ACTIVE Primary Source Ch. 12
Statutory Text

16 U.S.C. § 801 — Transfer of license; obligations of transferee

U.S.C. Title 16 - CONSERVATION 16 U.S.C. United States Code, 2023 Edition Title 16 - CONSERVATION CHAPTER 12 - FEDERAL REGULATION AND DEVELOPMENT OF POWER SUBCHAPTER I - REGULATION OF THE DEVELOPMENT OF WATER POWER AND RESOURCES Sec. 801 - Transfer of license; obligations of transferee From the U.S. Government Publishing Office, www.gpo.gov

§801. Transfer of license; obligations of transferee

No voluntary transfer of any license, or of the rights thereunder granted, shall be made without the written approval of the commission; and any successor or assign of the rights of such licensee, whether by voluntary transfer, judicial sale, foreclosure sale, or otherwise, shall be subject to all the conditions of the license under which such rights are held by such licensee and also subject to all the provisions and conditions of this chapter to the same extent as though such successor or assign were the original licensee under this chapter: Provided, That a mortgage or trust deed or judicial sales made thereunder or under tax sales shall not be deemed voluntary transfers within the meaning of this section.

(June 10, 1920, ch. 285, pt. I, §8, 41 Stat. 1068; renumbered pt. I, Aug. 26, 1935, ch. 687, title II, §212, 49 Stat. 847.)

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16 U.S.C. § 801
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The statutory text of 16 U.S.C. § 801 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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