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10 U.S.C. § 8704 — Disposition of receipts
Federal law — U.S. Code and appendices · legal_authorities
Amounts received under this chapter shall be credited to appropriations for maintaining naval salvage facilities. However, any amount received under this chapter in any fiscal year in excess of naval salvage costs incurred by the Navy during that fiscal year shall be deposited into the general fund of the Treasury.
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Source file: Laws/federal/codes/united-states-code/title-10/section-8704-disposition-of-receipts--8f6870ea3b.md
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Source location: Title 10, Chapter 865, § 8704; chapter-865-salvage-facilities.md
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Amounts received under this chapter shall be credited to appropriations for maintaining naval salvage facilities. However, any amount received under this chapter in any fiscal year in excess of naval salvage costs incurred by the Navy during that fiscal year shall be deposited into the general fund of the Treasury.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Defense Acquisition System.—** In this part, the term “defense acquisition system” means—
(1) the workforce engaged in carrying out the acquisition of property and services for the Department of Defense;
(2) the management structure responsible for directing and overseeing the acquisition of property and services for the Department of Defense; and
(3) the statutory, regulatory, and policy framework that guides the acquisition of property and services for the Department of Defense.
**(b) Element of the Defense Acquisition System.—** In this part, the term “element of the defense acquisition system” means an organization that—
(1) employs members of the acquisition workforce;
(2) carries out acquisition functions; and
(3) focuses primarily on acquisition.
**(c) Acquisition.—** In this part, the term “acquisition” has the meaning provided in [section 131 of title 41](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title41-section131&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 3001
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Entitlement to Recomputation.—** An enlisted member or warrant officer of the Army who is advanced on the retired list under [section 7344 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section7344&num=0&edition=prelim) is entitled to recompute his retired pay in accordance with this section.
**(b) Formula.—** The monthly retired pay of a member entitled to recompute that pay under this section is computed by multiplying—
(1) the member’s retired pay base (as computed under section 1406(c) or 1407 of this title), by
(2) the retired pay multiplier prescribed in [section 1409 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section1409&num=0&edition=prelim) for the number of years credited to the member under [section 1405 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title10-section1405&num=0&edition=prelim).
**(c) Rounding to Next Lower Dollar.—** The amount computed under subsection (b), if not a multiple of $1, shall be rounded to the next lower multiple of $1.
Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 7362
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Federal law — U.S. Code and appendices · legal_authorities
Page 3350
TITLE 10—ARMED FORCES
§ 8703
3808(b)’’ for ‘‘section 2307(g)(2)’’ in section 8702(c), with-
out specifying the Code title to be amended, was exe-
cuted to subsec. (c) of this section to reflect the prob-
able intent of Congress.
2018—Pub. L. 115–232 renumbered section 7362 of this
title as this section.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 2021 AMENDMENT
Amendment by Pub. L. 117–81 applicable as if in-
cluded in the enactment of title XVIII of Pub. L. 116–283
as enacted, see section 1701(a)(2) of Pub. L. 117–81, set
out in a note preceding section 3001 of this title and
note below.
Amendment by Pub. L. 116–283 effective Jan. 1, 2022,
with additional provisions for delayed implementation
and applicability of existing law, see section 1801(d) of
Pub. L. 116–283, set out as a note preceding section 3001
of this title.
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.
§ 8703. Settlement of claims
(a) AUTHORITY
TO SETTLE CLAIM.—The Sec-
retary of the Navy may settle any claim by the
United States for salvage services rendered by
the Department of the Navy and may receive
payment of any such claim.
(b) SALVAGE SERVICES DEFINED.—In this sec-
tion, the term ‘‘salvage services’’ includes serv-
ices performed in connection with a marine sal-
vage operation that are intended to prevent,
abate, or minimize damage to the environment.
(Added Pub. L. 104–106, div. A, title X, § 1015, Feb.
10, 1996, 110 Stat. 425, § 7363; amended Pub. L.
108–136, div. A, title III, § 315(b), Nov. 24, 2003, 117
Stat. 1431; r
Source: Supplied 2024 U.S. Code historical extraction · 10 U.S.C. § 8704
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