40 U.S. Code § 8732 - Acquiring land subject to limited rights reserved to grantor and limited permanent rights in land adjoining park property
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(a) In General.— The National Capital Planning Commission in accordance with this chapter may acquire, for and on behalf of the Federal Government, by gift, devise, purchase, or condemnation—
(1) fee title to land subject to limited rights, but not for business purposes, reserved to the grantor; and
(b) Prerequisites to Acquisition.—
(1) Fee title to land subject to limited rights.— The reservation of rights to the grantor shall not continue beyond the life of the grantor of the fee. The Commission must decide that the permanent public park purposes for which control over the land is needed are not essentially impaired by the reserved rights and that there is a substantial saving in cost by acquiring the land subject to the limited rights as compared with the cost of acquiring unencumbered title to the land.
Source(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1225.)
|Revised Section||Source (U.S. Code)||Source (Statutes at Large)|
|8732(a)||40:72a (1st par., last par. less provisos).||Dec. 22, 1928, ch. 48, § 1, 45 Stat. 1070.|
|8732(b)||40:72a (last par. 1st–3d provisos).|
|8732(c)||40:72a (last par. last proviso).|
In subsection (a), the text of 40:72a (1st par.) is omitted as unnecessary.