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42 U.S.C. § 2310 — Repossession of property; powers of Commission

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

42 U.S.C. § 2310 — Repossession of property; powers of Commission

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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Stable record: federal_law:legal_authorities:record_usc_ff33d1406456085cacd587c7
Source file: Laws/federal/codes/united-states-code/title-42/section-2310-repossession-of-property-powers-of-commission--998d5a3c9a.md
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Passage SHA-256: 55aa8a2c36f1daebacfce3b6228d5d2627879206ae5e0997d7fc3fc0b57b6eec

Source location: Title 42, Chapter 24, § 2310; chapter-024-disposal-of-atomic-energy-communities.md

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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.

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

42 U.S.C. § 2366 — Conditions of indemnity; purchase of property by Commission

The Commission shall make the indemnity payment specified by [section 2365 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2365&num=0&edition=prelim) only if the Commission receives a notice from the then owner of the property that he is about to sell the property for a sum less than the unpaid balance of the real or hypothetical loan calculated pursuant to such section. Such payment shall be made only if— **(a)** notice is given to the Commission at a time when the conditions of [section 2364 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section2364&num=0&edition=prelim) are satisfied; **(b)** the sale is made within such time as the Commission may prescribe and in a manner which the Commission determined to afford adequate assurance of a fair price without excessive costs; and **(c)** the Commission is given such prior notice of the sale and such opportunity to become a purchaser as it shall prescribe. In such circumstances the Commission is authorized to purchase the property. Sales pursuant to this section and payment by the Commission of such amount, if any, as is owing pursuant to sections 2363 to 2366 of this title shall end the obligation of the Commission under sections 2363 to 2366 of this title with respect to that property.

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 2366

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

41 U.S.C. § 6101 — Advertising requirement for Federal Government purchases and sales

**(a) Definitions.—** In this section— (1) **Appropriation.—** — The term “appropriation” includes amounts made available by legislation under [section 9104 of title 31](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title31-section9104&num=0&edition=prelim). (2) **Federal government.—** — The term “Federal Government” includes the government of the District of Columbia. **(b) Purchases.—** (1) **In general.—** — Unless otherwise provided in the appropriation concerned or other law, purchases and contracts for supplies or services for the Federal Government may be made or entered into only after advertising for proposals for a sufficient time. (2) **Limitations on applicability.—** — Paragraph (1) does not apply when— (A) the amount involved in any one case does not exceed $25,000; (B) public exigencies require the immediate delivery of articles or performance of services; (C) only one source of supply is available and the Federal Government purchasing or contracting officer so certifies; or (D) services are required to be performed by a contractor in person and are— (i) of a technical and professional nature; or (ii) under Federal Government supervision and paid for on a time basis. **(c) Sales.—** Except when otherwise authorized by law or when the reasonable value involved in any one case does not exceed $500, sales and contracts of sale by the Federal Government are governed by the requirements of this section for advertising. **(d) Application to Wholly Owned Government Corporations.—** For wholly owned Government corporations, this section applies only to administrative transactions.

Source: Supplied U.S. Code snapshot — release unconfirmed · 41 U.S.C. § 6101

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

42 U.S.C. § 2311 — Community Disposal Operations Fund

**(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

Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 2311

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

42 U.S.C. § 2310 — Repossession of property; powers of Com-

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. § 2310

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