1151, act July 27, 1954, ch. 582, § 1,68 Stat. 566, authorized Secretary of the Treasury and Administrator of General Services to accept gifts of money or property on behalf of the United States made on condition that such gifts be used for particular defense purposes. See section
2608 of Title
10, Armed Forces.
1152, act July 27, 1954, ch. 582, § 2,68 Stat. 566, authorized Secretary of the Treasury and Administrator of General Services to convert into money any gifts of property.
1153, act July 27, 1954, ch. 582, § 3,68 Stat. 566, established a special account in the Treasury for depositing gifts.
1154, act July 27, 1954, ch. 582, § 4,68 Stat. 566, directed Secretary of the Treasury to pay to various appropriation accounts any moneys in the special account which in his judgment would best effectuate the purpose of the gifts.
1155, act July 27, 1954, ch. 582, § 5,68 Stat. 566, directed Secretary of the Treasury and Administrator of General Services to consult with interested Federal agencies in carrying out this chapter.
1156, act July 27, 1954, ch. 582, § 6,68 Stat. 566, provided that nothing in this chapter was to be construed to modify or repeal the authority to accept conditional gifts under any other provision of law.
Transfer of Funds
Section 202(c) ofPub. L. 101–403provided that: “Any money in the special account provided for in section 3 of the Act [former 50 U.S.C. 1153] referred to in subsection (b) [repealing this chapter] on the date of the enactment of this Act [Oct. 1, 1990] shall be credited to the Defense Cooperation Account provided for in section
2608(b) of title
10, United States Code, as added by subsection (a).”
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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Description of Change
Statutes at Large
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