§ 1037. Sale of reserved mineral interests; disposition of proceeds

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All proceeds from sales made under sections 1033 to 1039 of this title of mineral interests described in section 1033 of this title shall be covered into the Treasury of the United States as miscellaneous receipts, except that the proceeds from sales of mineral interests which were a part of or derived from the assets transferred pursuant to the transfer agreements with State rural rehabilitation corporations shall be credited to the appropriate corporation account.

(Sept. 6, 1950, ch. 897, § 5, 64 Stat. 770.)

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U.S. Code

Sale of reserved mineral interests
§ 1033

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Sept. 6, 1950, ch. 897, § 5
64 Stat. 770

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§ 1037

Sale of reserved mineral interests; disposition of proceeds

U.S.C.§ 1033

ActSept. 6, 1950, ch. 897, § 5

Stat.64 Stat. 770

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