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Code · U.S. Code · Title 48 - TERRITORIES AND INSULAR POSSESSIONS · CHAPTER 2— ALASKA · Part A— Approval and Implementation of Original Compact · § 234

§ 234.

115 words·~1 min read·/usc/title-48/section-234

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“Title to the property of the Government of the United States situated in the Trust Territory of the Pacific Islands or acquired for or used by the Government of the Trust Territory of the Pacific Islands on or before the day preceding the effective date of this Compact shall, without reimbursement or transfer of funds, vest in the Government of the Marshall Islands and the Federated States of Micronesia as set forth in a separate agreement which shall come into effect simultaneously with this Compact. The provisions of this Section shall not apply to the property of the Government of the United States for which the Government of the United States determines a continuing requirement.
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