42 USC 2342 - Disposal of property

U.S Code last checked for updates: Apr 29, 2024

§ 2342.

Disposal of property

(a)

Property under lease or license agreement

The Commission shall offer for disposal all real property (including such improvements thereon and such fixtures, equipment, and other personal property incident thereto as it may deem appropriate) within the community which is presently under lease or license agreement with the Commission or its community management contractor for residential, commercial or industrial, agricultural, church or other nonprofit use, or which, in the opinion of the Commission, is appropriate for such use, other than—

(1)

structures which in the opinion of the Commission should be removed from the community because of their unsatisfactory type of construction, condition, or location; or

(2)

property which in the opinion of the Commission should be transferred pursuant to subchapters VI or VII; or

(3)

property which in the opinion of the Commission should be retained by the Commission for its own use.

(b)

Discretionary disposal of other real property

(c)

Terms and conditions; impairment of rights

(Aug. 4, 1955, ch. 543, ch. 5, § 52, 69 Stat. 476; Pub. L. 87–719, § 9, Sept. 28, 1962, 76 Stat. 665.)

cite as: 42 USC 2342