§ 2210. Proceeds of sales of supplies: credit to appropriations

322 words·~1 min read·/usc/title-10/section-2210

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)A working-capital fund established pursuant to section 2208 of this title may retain so much of the proceeds of disposals of property referred to in paragraph

(2)as is necessary to recover the expenses incurred by the fund in disposing of such property. Proceeds from the sale or disposal of such property in excess of amounts necessary to recover the expenses may be credited to current applicable appropriations of the Department of Defense.

(2)Paragraph

(1)applies to disposals of supplies, material, equipment, and other personal property that were not financed by stock funds established under section 2208 of this title.

(b)Obligations may, without regard to fiscal year limitations, be incurred against anticipated reimbursements to stock funds in such amounts and for such period as the Secretary of Defense, with the approval of the President, may determine to be necessary to maintain stock levels consistently with planned operations for the next fiscal year.

(Added Pub. L. 87–651, title II, § 207(a), Sept. 7, 1962, 76 Stat. 522; amended Pub. L. 96–513, title V, § 511(72), Dec. 12, 1980, 94 Stat. 2926; Pub. L. 105–261, div. A, title X, § 1009, Oct. 17, 1998, 112 Stat. 2117.)

In section (a), the words “proceeds of the disposal” are substituted for the words “moneys arising from the disposition”.

Connectionstraces to 2

Traces to 2 documents

U.S. Code

9 references not yet in our index

Pub. L. 87–651, title II, § 207(a)
76 Stat. 522
Pub. L. 96–513, title V, § 511(72)
94 Stat. 2926
Pub. L. 105–261, div. A, title X, § 1009
112 Stat. 2117
Pub. L. 105–261
Pub. L. 96–513
section 701(b)(3) of Pub. L. 96–513

Citation graph

cites case law

§ 2210

Proceeds of sales of supplies: credit to appropriations

U.S.C.§ 2208

U.S.C.§ 101

Pub. L.Pub. L. 87–651, title II, § 207(a)

Stat.76 Stat. 522

Pub. L.Pub. L. 96–513, title V, § 511(72)

Stat.94 Stat. 2926

Pub. L.Pub. L. 105–261, div. A, title X, § 1009

Cites 11 · showing 7Cited by 0 across 0 sources