BS
Boise Standard
Treasure Valley · AI Directory
30 U.S.C. · Mineral Lands and Mining
30 U.S.C. § 705

Purchase price of conveyed interest; installment payments

Ch. 20 — CONVEYANCES TO OCCUPANTS OF UNPATENTED MINING CLAIMS
Title 30 U.S.C. ● ACTIVE Primary Source Ch. 20
Statutory Text

30 U.S.C. § 705 — Purchase price of conveyed interest; installment payments

U.S.C. Title 30 - MINERAL LANDS AND MINING 30 U.S.C. United States Code, 2023 Edition Title 30 - MINERAL LANDS AND MINING CHAPTER 20 - CONVEYANCES TO OCCUPANTS OF UNPATENTED MINING CLAIMS Sec. 705 - Purchase price of conveyed interest; installment payments From the U.S. Government Publishing Office, www.gpo.gov

§705. Purchase price of conveyed interest; installment payments

The Secretary of the Interior, prior to any conveyance under this chapter, shall determine the fair market value of the interest to be conveyed, exclusive of the value of any improvements placed on the lands involved by the applicant or his predecessors in interest. Said value shall be determined as of the date of appraisal. In establishing the purchase price to be paid by the applicant for the interest, the Secretary shall take into consideration any equities of the applicant and his predecessors in interest, including conditions of prior use and occupancy. In any event the purchase price for any interest conveyed shall not exceed its fair market value nor be less than $5 per acre. The Secretary may, in his discretion, allow payment to be made in installments.

(Pub. L. 87–851, §5, Oct. 23, 1962, 76 Stat. 1128.)

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC30-SEC-71C8D9
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
30 U.S.C. § 705
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
15aa4637eec398b7...
Semantic Edges
Pending — corpus passes queued
The statutory text of 30 U.S.C. § 705 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).
Navigate Corpus — Title 30
← 30 U.S.C. § 704 30 U.S.C. § 706 →
Ch. 20 — CONVEYANCES TO OCCUPANTS OF UNPATENTED MINING CLAIMS
30 U.S.C. § 70130 U.S.C. § 70230 U.S.C. § 70330 U.S.C. § 70430 U.S.C. § 70530 U.S.C. § 70630 U.S.C. § 70730 U.S.C. § 70830 U.S.C. § 709
30 U.S.C. — public domain ← All Legislation
◈ Provenance
boisestandard.org → United States → Law → U.S. Code → Title 30 → 30 U.S.C. § 705