§ 8735. Foreign interest
411 words·~2 min read·
/usc/title-10/section-8735A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)If the laws, customs, or regulations of any foreign country deny the privilege of leasing public lands to citizens or corporations of the United States, citizens of that foreign country, or corporations controlled by citizens of that country, may not, by contract made after July 1, 1937, or by stock ownership, holding, or control, acquire or own any interest in, or right to any benefit from, any lease of land in the naval petroleum, naval oil shale, or other naval fuel reserves made under sections 181–184, 185–188, 189–194, 201, 202–209, 211–214, 223, 224–226, 226d, 226e, 227–229a, 241, 251, and 261–263 of title 30, or under this chapter.
(b)The Secretary may cancel any lease for any violation of this section.
(Aug. 10, 1956, ch. 1041, 70A Stat. 461, § 7435; Pub. L. 87–796, § 1(11), Oct. 11, 1962, 76 Stat. 906; Pub. L. 94–258, title II, § 201(17), Apr. 5, 1976, 90 Stat. 313; renumbered § 8735, Pub. L. 115–232, div. A, title VIII, § 807(d)(5), Aug. 13, 2018, 132 Stat. 1836.)
In subsection
(a)the words “foreign country” are substituted for the words “another country” for clarity.
In subsection
(b)the word “for” is substituted for the words “in the event of” for brevity.
Connections1 cite this · traces to 7
Cited by 1 section
U.S. Code
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13 references not yet in our index
- Aug. 10, 1956, ch. 1041
- 70A Stat. 461
- Pub. L. 87–796, § 1(11)
- 76 Stat. 906
- Pub. L. 94–258, title II, § 201(17)
- 90 Stat. 313
- 132 Stat. 1836
- Pub. L. 89–554, § 8(a)
- 80 Stat. 644
- Pub. L. 94–377, § 13(a)
- 90 Stat. 1090
- Pub. L. 94–258
- Pub. L. 87–796
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§ 8735
Foreign interest
U.S.C.×1
ActAug. 10, 1956, ch. 1041
Stat.70A Stat. 461
Pub. L.Pub. L. 87–796, § 1(11)
Stat.76 Stat. 906
Pub. L.Pub. L. 94–258, title II, § 201(17)
Cites 20 · showing 12Cited by 1 across 1 source