7 U.S.C. · Agriculture
7 U.S.C. § 1037

Sale of reserved mineral interests; disposition of proceeds

Ch. 33 — FARM TENANCY
Title 7 U.S.C. ● ACTIVE Primary Source Ch. 33
Statutory Text

7 U.S.C. § 1037 — Sale of reserved mineral interests; disposition of proceeds

U.S.C. Title 7 - AGRICULTURE 7 U.S.C. United States Code, 2023 Edition Title 7 - AGRICULTURE CHAPTER 33 - FARM TENANCY SUBCHAPTER IV - GENERAL PROVISIONS Sec. 1037 - Sale of reserved mineral interests; disposition of proceeds From the U.S. Government Publishing Office, www.gpo.gov

§1037. Sale of reserved mineral interests; disposition of proceeds

All proceeds from sales made under sections 1033 to 1039 of this title of mineral interests described in section 1033 of this title shall be covered into the Treasury of the United States as miscellaneous receipts, except that the proceeds from sales of mineral interests which were a part of or derived from the assets transferred pursuant to the transfer agreements with State rural rehabilitation corporations shall be credited to the appropriate corporation account.

(Sept. 6, 1950, ch. 897, §5, 64 Stat. 770.)

Editorial Notes

Codification Section was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.

Source: uscode.house.gov — public domain Official Source ↗
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7 U.S.C. § 1037
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The statutory text of 7 U.S.C. § 1037 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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