§ 1022.21. Property management.
100 words·~1 min read·
/us/cfr/t10/s§ 1022.21·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)If property in a floodplain or wetland is proposed for license, easement, lease, transfer, or disposal to non-Federal public or private parties, DOE shall:
(1)Identify those uses that are restricted under applicable floodplain or wetland regulations and attach other appropriate restrictions to the uses of the property; or
(2)Withhold the property from conveyance.
(b)Before completing any transaction that DOE guarantees, approves, regulates, or insures that is related to an area located in a floodplain, DOE shall inform any private party participating in the transaction of the hazards associated with locating facilities or structures in the floodplain.