10 USC 8763: Useless ordnance material: disposition of proceeds on sale
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10 USC 8763: Useless ordnance material: disposition of proceeds on sale Text contains those laws in effect on November 21, 2024
From Title 10-ARMED FORCESSubtitle C-Navy and Marine CorpsPART IV-GENERAL ADMINISTRATIONCHAPTER 875-DISPOSAL OF OBSOLETE OR SURPLUS MATERIAL
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§8763. Useless ordnance material: disposition of proceeds on sale

The net proceeds of sales of useless ordnance material by the Department of the Navy shall be covered into the Treasury.

(Aug. 10, 1956, ch. 1041, 70A Stat. 465 , §7543; renumbered §8763, Pub. L. 115–232, div. A, title VIII, §807(d)(8), Aug. 13, 2018, 132 Stat. 1836 .)

Historical and Revision Notes
Revised sectionSource (U.S. Code)Source (Statutes at Large)
7543 50 U.S.C. 74. Jan. 22, 1923, ch. 28, 42 Stat. 1142 (last 24 words of 5th par.).

The words "as miscellaneous receipts" are omitted as surplusage.


Editorial Notes

Amendments

2018-Pub. L. 115–232 renumbered section 7543 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.