40 U.S.C. § 1308 — Disposition of unfit horses and mules

Page 106 TITLE 40—PUBLIC BUILDINGS, PROPERTY, AND WORKS § 1307 I (§ 801 et seq.) of chapter 13 of Title 21, Food and Drugs. For complete classification of this Act to the Code, see Short Title note set out under section 801 of Title 21 and Tables. § 1307. Disposition of securities The President, or an officer, agent, or agency the President may designate, may dispose of any securities acquired on behalf of the Federal Gov- ernment under the provisions of the Transpor- tation Act of 1920 (ch. 91, 41 Stat. 456), including any securities acquired as an incident to a case under title 11, under a receivership or reorga- nization proceeding, by assignment, transfer, substitution, or issuance, or by acquisition of collateral given for the payment of obligations to the Government, or may make arrangements for the extension of the maturity of the securi- ties, in the manner, in amounts, at prices, for cash, securities, or other property or any com- bination of cash, securities, or other property, and on terms and conditions the President or designee considers advisable and in the public interest. (Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1137.) HISTORICAL AND REVISION NOTES Revised Section Source (U.S. Code) Source (Statutes at Large) 1307 ............ 40:316. Feb. 28, 1920, ch. 91, § 213, as added Aug. 13, 1940, ch. 666, 54 Stat. 788; Pub. L. 95–598, title III, § 325, Nov. 6, 1978, 92 Stat. 2679. The words ‘‘sell, exchange, or otherwise’’, ‘‘bonds, notes, or other’’, ‘‘purchase, default, or other’’, and ‘‘(whether at a foreclosure sale or otherwise)’’ are omit- ted as unnecessary. Editorial Notes REFERENCES IN TEXT The Transportation Act of 1920, referred to in text, is act Feb. 28, 1920, ch. 91, 41 Stat. 456, as amended, which was classified to section 316 of former Title 40, Public Buildings, Property, and Works, section 1375a of former Title 10, Army and Air Force, sections 131 to 146 of Title 45, Railroads, and sections 1 to 5, 6, 10 to 15a, 16, 17, 18, 19a, 20, 20a, 25 to 27, 71 to 74, 76 to 79, 141, and 142 of Title 49, Transportation. For complete classification of this Act to the Code, see Tables. Numerous sections of the Act that were classified to Title 49 were repealed by Pub. L. 95–473, § 4(b), Oct. 13, 1978, 92 Stat. 1467, the first section of which enacted subtitle IV (§ 10101 et seq.) of Title 49. For distribution of former sections of Title 49 into the revised Title 49, see table at the begin- ning of Title 49. Section 316 of former Title 40 was re- pealed and reenacted as this section by Pub. L. 107–217, §§ 1, 6(b), Aug. 21, 2002, 116 Stat. 1062, 1304. § 1308. Disposition of unfit horses and mules Subject to applicable regulations under this subtitle and division C (except sections 3302, 3501(b), 3509, 3906, 4710, and 4711) of subtitle I of title 41, horses and mules belonging to the Fed- eral Government that have become unfit for service may be destroyed or put out to pasture, either on pastures belonging to the Government or those belonging to financially sound and rep- utable humane organizations whose facilities permit them to care for the horses and mules during the remainder of their natural lives, at no cost to the Government. (Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1137; Pub. L. 111–350, § 5(l)(13), Jan. 4, 2011, 124 Stat. 3852.) HISTORICAL AND REVISION NOTES Revised Section Source (U.S. Code) Source (Statutes at Large) 1308 ............ 40:311b. June 15, 1938, ch. 400, 52 Stat. 693; June 3, 1939, ch. 176, 53 Stat. 808; Oct. 31, 1951, ch. 654, § 2(24), 65 Stat. 707. The words ‘‘and title III of the Federal Property and Administrative Services Act of 1949 (41 U.S.C. 251 et seq.)’’ are added to provide an accurate literal trans- lation of the word ‘‘this Act’’, meaning the Federal Property and Administrative Services Act of 1949. See the revision note under section 111 of this title. Editorial Notes AMENDMENTS 2011—Pub. L. 111–350 substituted ‘‘division C (except sections 3302, 3501(b), 3509, 3906, 4710, and 4711) of sub- title I of title 41’’ for ‘‘title III of the Federal Property and Administrative Services Act of 1949 (41 U.S.C. 251 et seq.)’’. § 1309. Preservation, sale, or collection of wrecked, abandoned, or derelict property The Administrator of General Services may make contracts and provisions for the preserva- tion, sale, or collection of property, or the pro- ceeds of property, which may have been wrecked, been abandoned, or become derelict, if the Administrator considers the contracts and provisions to be in the interest of the Federal Government and the property is within the ju- risdiction of the United States and should come to the Government. A contract may provide compensation the Administrator considers just and reasonable to any person who gives informa- tion about the property or actually preserves, collects, surrenders, or pays over the property. Under each specific agreement for obtaining, preserving, collecting, or receiving property or making property available, the costs or claim chargeable to the Government may not exceed amounts realized and received by the Govern- ment. (Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1137.) HISTORICAL AND REVISION NOTES Revised Section Source (U.S. Code) Source (Statutes at Large) 1309 ............ 40:310. R.S. § 3755; Pub. L. 89–30, § 4, June 2, 1965, 79 Stat. 119. The words ‘‘or of any moneys, dues, and other inter- ests lately in the possession of or due to the so-called Confederate States, or their agents, and now belonging to the United States, which are now withheld or re- tained by any person, corporation or municipality whatever, and which ought to have come into the pos- session and custody of, or been collected or received by, the United States’’ in section 3755 of the Revised Stat- ues [sic] and ‘‘debts, dues, or interests, which shall not be paid from such moneys as shall be realized and re- ceived from the property so collected, under each spe- cific agreement’’ are omitted as obsolete. § 1310. Sale of war supplies, land, and buildings (a) IN GENERAL.—The President, through the head of any executive department and on terms