10 U.S. Code § 8763 - Useless ordnance material: disposition of proceeds on sale

The net proceeds of sales of useless ordnance material by the Department of the Navy shall be covered into the Treasury.

(Aug. 10, 1956, ch. 1041, 70A Stat. 465, § 7543; renumbered § 8763, Pub. L. 115–232, div. A, title VIII, § 807(d)(8), Aug. 13, 2018, 132 Stat. 1836.)

Historical and Revision Notes

Revised section

Source (U.S. Code)

Source (Statutes at Large)

7543

50 U.S.C. 74.

Jan. 22, 1923, ch. 28, 42 Stat. 1142 (last 24 words of 5th par.).

The words “as miscellaneous receipts” are omitted as surplusage.

Amendments

2018—Pub. L. 115–232 renumbered section 7543 of this title as this section.

Effective Date of 2018 Amendment

Amendment by Pub. L. 115–232 effective Feb. 1, 2019, with provision for the coordination of amendments and special rule for certain redesignations, see section 800 of Pub. L. 115–232, set out as a note preceding section 3001 of this title.