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42 U.S.C. § 2333 — Transfer of priorities

Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 2333 — Transfer of priorities

No priority shall be transferable, except— **(a)** a husband and wife may exercise a priority in their joint names; **(b)** a religious organization may exercise the priority which would otherwise belong to its priest, minister, or rabbi, regardless of whether that position happens to be filled at the time of the exercise of the priority; **(c)** two or more priority holders having a common interest in a building or location may assign their interests to a single assignee; and **(d)** the Commission may permit such other transfers as it finds to be fair and equitable.

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Source file: Laws/federal/codes/united-states-code/title-42/section-2333-transfer-of-priorities--4210124bad.md
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Source location: Title 42, Chapter 24, § 2333; chapter-024-disposal-of-atomic-energy-communities.md

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 2348 — Priority sale of apartment houses

**(a) Grantees eligible; priorities; applicability of deduction, financing and indemnity provisions** The Commission is authorized at Los Alamos to grant to occupants project-connected persons, and persons residing in the community both at the time of offering of an apartment house for sale and for the preceding six months, and to any of the foregoing persons acting together, such priority interests and priority rights for the purchase of the apartment house as the Commission determines to be fair and reasonable: Provided, That a first priority right to purchase may be granted only to an occupant or a group of occupants, or an assignee (whose membership or ownership is composed of occupants, or project-connected persons, or persons residing in the community both at the time of offering of an apartment house for sale and for the preceding six months, or any of the foregoing persons) of the priority interests of such occupants, who or which has obtained the priority interest of at least 60 per centum of the occupants of the apartment house: Provided further, That a second priority right to purchase may be granted only to an entity whose membership or ownership consists of occupants, or project-connected persons, or persons residing in the community both at the time of offering of an apartment house for sale and for the preceding six months, or any of the foregoing persons (provided that such entity has obtained the priority interest of at least one occupant), and whose membership or ownership equals in number, and occupies or agrees to occupy, at least 70 per centum of the housing units in the apartment house. The 15 per centum deduction specified by [section 2325(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2325/a&num=0&ed

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Federal law — U.S. Code and appendices · legal_authorities

42 U.S.C. § 2333 — Transfer of priorities

Page 5590 TITLE 42—THE PUBLIC HEALTH AND WELFARE § 2331 (Aug. 4, 1955, ch. 543, ch. 3, § 36, 69 Stat. 474; July 25, 1956, ch. 731, § 1, 70 Stat. 653; Pub. L. 87–719, § 6, Sept. 28, 1962, 76 Stat. 664.) Editorial Notes AMENDMENTS 1962—Subsec. (b). Pub. L. 87–719 substituted author- ization of a credit for improvements by occupant of sin- gle family or duplex house for such improvements by junior occupant of duplex house. 1956—Subsec. (a). Act July 25, 1956, authorized an im- provement credit for commercial property. Statutory Notes and Related Subsidiaries TRANSFER OF FUNCTIONS Atomic Energy Commission abolished and functions transferred by sections 5814 and 5841 of this title. See also Transfer of Functions notes set out under those sections. SUBCHAPTER III—CLASSIFICATION OF PROPERTY AND PRIORITIES § 2331. Classification of property (a) Property within each community Immediately upon passage of this chapter, or, in the case of Los Alamos, upon its inclusion within this chapter, the Commission shall clas- sify all real property (including such improve- ments and such fixtures, equipment and other personal property incident thereto as it may deem appropriate) within each community in ac- cordance with such classifications as shall in- sure reasonably similar treatment for reason- ably similar property. The classification shall be made by such procedures, consistent with this subchapter, as it shall determine. (b) Property at or in vicinity of each community The Commission may, but shall not be re- quired to, classify any other real property at or in the vicinity of the community, whether with- in or outside of that community. (c) Residential structures within each commu- nity Prior to the date any residential property is first offered for sale a

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