16 USC 459f-9: Public utility facilities; purchase of facilities without value to utility; amount of payment
Text contains those laws in effect on December 20, 2024
From Title 16-CONSERVATIONCHAPTER 1-NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORESSUBCHAPTER LXIII-NATIONAL SEASHORE RECREATIONAL AREAS
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§459f–9. Public utility facilities; purchase of facilities without value to utility; amount of payment
The Secretary of the Interior is authorized to purchase from a public utility any facilities of that utility which are no longer of value to it as a result of the establishment of the Assateague Island National Seashore and shall pay for such facilities an amount equal to the cost of constructing such facilities less depreciation.