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42 U.S.C. § 2311 — Community Disposal Operations Fund
Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment** There is established as of June 30, 1956, a Community Disposal Operations Fund, and the Commission (or the head of such agency as may be carrying out the sales and financing functions of the Commission pursuant to a delegation by the President under [section 2313 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2313&num=0&edition=prelim)) is authorized to credit said fund with all moneys hereafter obtained or now held by it and to account under said fund for all assets and liabilities held or acquired by it in connection with its sales and financing functions under this chapter, and to make temporary advances to such fund, from any other funds available for expenses of operations of such Commission or agency, as may be required to carry out such functions pending the realization of sufficient proceeds under the provisions of this chapter: Provided, That any such advances shall be repaid to the source appropriation or fund, to the extent of any unobligated balances available in the Community Disposal Operations Fund, prior to the close of the fiscal year during which such advances are made.
**(b) Availability** The Community Disposal Operations Fund shall be available to pay for all necessary costs, expenses (including administrative expenses), losses or obligations incurred in connection with the aforesaid functions, including expenses incident to sale, or other transfer and any financing under [section 2362 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2362&num=0&edition=prelim), indemnities under sections 2363 to 2366 of this title, and expenses authorized by [section 2310 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-sect
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Source file: Laws/federal/codes/united-states-code/title-42/section-2311-community-disposal-operations-fund--010a2acaa6.md
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Source location: Title 42, Chapter 24, § 2311; chapter-024-disposal-of-atomic-energy-communities.md
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**(a) Establishment** There is established as of June 30, 1956, a Community Disposal Operations Fund, and the Commission (or the head of such agency as may be carrying out the sales and financing functions of the Commission pursuant to a delegation by the President under [section 2313 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2313&num=0&edition=prelim)) is authorized to credit said fund with all moneys hereafter obtained or now held by it and to account under said fund for all assets and liabilities held or acquired by it in connection with its sales and financing functions under this chapter, and to make temporary advances to such fund, from any other funds available for expenses of operations of such Commission or agency, as may be required to carry out such functions pending the realization of sufficient proceeds under the provisions of this chapter: Provided, That any such advances shall be repaid to the source appropriation or fund, to the extent of any unobligated balances available in the Community Disposal Operations Fund, prior to the close of the fiscal year during which such advances are made.
**(b) Availability** The Community Disposal Operations Fund shall be available to pay for all necessary costs, expenses (including administrative expenses), losses or obligations incurred in connection with the aforesaid functions, including expenses incident to sale, or other transfer and any financing under [section 2362 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2362&num=0&edition=prelim), indemnities under sections 2363 to 2366 of this title, and expenses authorized by [section 2310 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2310&num=0&edition=prelim), and expenses in connection with the defense and payment of any claims for breaches of warranties and covenants of title of any property disposed of pursuant to this chapter.
**(c) Liquidating dividends** Any amount in said fund which is determined to be in excess of requirements for the purposes thereof shall be declared and paid as liquidating dividends to the Treasury, not less often than annually.
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Federal law — U.S. Code and appendices · legal_authorities
The President is authorized to delegate the duties and responsibilities placed on the Commission by this chapter to such other agencies of the United States Government as are reasonably qualified to perform those duties and responsibilities. The President may delegate any or all of the duties and responsibilities of the Commission in the operation of the communities to such other agencies of the United States Government that are reasonably qualified to perform those duties and responsibilities. The Commission shall retain no financing duties and responsibilities.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 2313
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Acceptance of residential property notes** In the event that the Commission finds that financing on reasonable terms is not available from other sources, the Commission may, in order to facilitate the sale of residential property under subchapter IV of this chapter, accept, in partial payment of the purchase price of any such property notes secured by first mortgages on such terms and conditions as the Commission shall deem appropriate. In the case of houses and apartment buildings, the maturity and percentage of appraised value in connection with such notes and mortgages shall not exceed those prescribed under [section 1715n(a) of title 12](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1715n/a&num=0&edition=prelim), and the interest rate shall equal the interest rate plus the premium being charged (and any periodic service charge being authorized by the Secretary of Housing and Urban Development for properties of similar character) under [section 1715n(a) of title 12](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section1715n/a&num=0&edition=prelim), at the effective date of such notes and mortgages.
**(b) Advances** In connection with the sale of residential property financed under subsection (a) of this section, the Commission is authorized to make advances for necessary repairs, or for the rehabilitation, modernization, rebuilding or enlargement of single and duplex residential properties to priority purchasers, and to include such advances in the amount of the note secured by the mortgage on such property.
**(c) Acceptance of commercial property notes** In the event that the Commission finds that financing on reasonable terms is not available from other sources, the Commission may, in order to facilitate
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 2362
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Federal law — U.S. Code and appendices · legal_authorities
The Commission is authorized to repossess any property sold by it in accordance with the terms of any contract to purchase, mortgage or other instrument, and to sell or make any other disposition of any property so repossessed and any property purchased by it pursuant to [section 2366 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2366&num=0&edition=prelim). Notwithstanding any other provision of law relating to the acquisition, handling, or disposal of real property by the United States, the Commission shall have power to deal with, complete, operate, rent, renovate, modernize, insure, or sell for cash or credit, in its discretion, any properties acquired pursuant to this chapter, and to pursue to final collection, by way of compromise or otherwise, all claims arising pursuant to this section: Provided, That expenses authorized by this section shall be considered nonadministrative expenses: Provided further, That [section 6101 of title 41](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title41-section6101&num=0&edition=prelim) shall not apply to any contract entered into pursuant to this section if the amount thereof does not exceed $1,000.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 2310
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Federal law — U.S. Code and appendices · legal_authorities
Page 5587
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 2312
§ 2309. Administrative review
Determinations authorized by this chapter to
be made by the Commission as to classification,
priorities, prices, and terms and conditions of
sale of property disposed under this chapter
shall be subject to review only in accordance
with such provisions for administrative review
or reconsideration as the Commission may pre-
scribe.
(Aug. 4, 1955, ch. 543, ch. 11, § 115, 69 Stat. 483.)
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.
§ 2310. Repossession of property; powers of Com-
mission
The Commission is authorized to repossess
any property sold by it in accordance with the
terms of any contract to purchase, mortgage or
other instrument, and to sell or make any other
disposition of any property so repossessed and
any property purchased by it pursuant to sec-
tion 2366 of this title. Notwithstanding any
other provision of law relating to the acquisi-
tion, handling, or disposal of real property by
the United States, the Commission shall have
power to deal with, complete, operate, rent, ren-
ovate, modernize, insure, or sell for cash or cred-
it, in its discretion, any properties acquired pur-
suant to this chapter, and to pursue to final col-
lection, by way of compromise or otherwise, all
claims arising pursuant to this section: Pro-
vided, That expenses authorized by this section
shall be considered nonadministrative expenses:
Provided further, That section 6101 of title 41
shall not apply to any contract entered into pur-
suant to this section if the amount thereof does
not e
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 2311
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