31 U.S. Code § 3715 - Buying real property of a debtor

The head of an agency for whom a civil action is brought against a debtor of the United States Government may buy real property of the debtor at a sale on execution of the real property of the debtor resulting from the action. The head of the agency may not bid more for the property than the amount of the judgment for which the property is being sold, and costs. The marshal of the district in which the sale is held shall transfer the property to the Government.

Source

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 972.)

Historical and Revision Notes
Revised Section Source (U.S. Code) Source (Statutes at Large)
3715 31:195. R.S. § 3470; June 2, 1965, Pub. L. 89–30, § 5, 79 Stat. 119.

The words “by such agent as . . . shall appoint” are omitted as unnecessary. The word “agency” is substituted for “department or independent agency” because of the restatement. The words “for whom a civil action is brought” are substituted for “at whose instance suit was instituted” for consistency. The words “real property” are substituted for “lands or tenements” for clarity and consistency. The words “in behalf of the United States” are omitted as surplus. The words “for the property” are added for clarity. The word “property” is substituted for “such estate” for consistency in the section. The words “Whenever such purchase is made” are omitted as surplus. The words “transfer the property” are substituted for “make all needful conveyances, assignments, or transfers” to eliminate unnecessary words and for clarity.

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

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10 CFR - Energy

10 CFR Part 1015 - COLLECTION OF CLAIMS OWED THE UNITED STATES

12 CFR - Banks and Banking

12 CFR Part 608 - COLLECTION OF CLAIMS OWED THE UNITED STATES

12 CFR Part 1073 - PROCEDURES FOR BUREAU DEBT COLLECTION

12 CFR Part 1208 - DEBT COLLECTION

12 CFR Part 1408 - COLLECTION OF CLAIMS OWED THE UNITED STATES

14 CFR - Aeronautics and Space

14 CFR Part 1261 - PROCESSING OF MONETARY CLAIMS (GENERAL)

17 CFR - Commodity and Securities Exchanges

17 CFR Part 143 - COLLECTION OF CLAIMS OWED THE UNITED STATES ARISING FROM ACTIVITIES UNDER THE COMMISSION'S JURISDICTION

22 CFR - Foreign Relations

22 CFR Part 34 - DEBT COLLECTION

22 CFR Part 309 - DEBT COLLECTION

29 CFR - Labor

29 CFR Part 20 - FEDERAL CLAIMS COLLECTION

29 CFR Part 1450 - COLLECTIONS OF CLAIMS OWED THE UNITED STATES

29 CFR Part 4903 - DEBT COLLECTION

36 CFR - Parks, Forests, and Public Property

36 CFR Part 1201 - COLLECTION OF CLAIMS

38 CFR - Pensions, Bonuses, and Veterans' Relief

38 CFR Part 1 - GENERAL PROVISIONS

45 CFR - Public Welfare

45 CFR Part 30 - CLAIMS COLLECTION

45 CFR Part 2506 - COLLECTION OF DEBTS

49 CFR - Transportation

49 CFR Part 89 - IMPLEMENTATION OF THE FEDERAL CLAIMS COLLECTION ACT

49 CFR Part 1018 - DEBT COLLECTION

 

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