
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 10USC7364]

 
                         TITLE 10--ARMED FORCES
 
                    Subtitle C--Navy and Marine Corps
 
                     PART IV--GENERAL ADMINISTRATION
 
                     CHAPTER 637--SALVAGE FACILITIES
 
Sec. 7364. Disposition of receipts

    Amounts received under this chapter shall be credited to 
appropriations for maintaining naval salvage facilities. However, any 
amount received under this chapter in any fiscal year in excess of naval 
salvage costs incurred by the Navy during that fiscal year shall be 
deposited into the general fund of the Treasury.

(Added Pub. L. 104-106, div. A, title X, Sec. 1015, Feb. 10, 1996, 110 
Stat. 425.)


                            Prior Provisions

    A prior section 7364, act Aug. 10, 1956, ch. 1041, 70A Stat. 455, 
related to advancement of funds by the Secretary of the Navy to private 
companies for salvage operations, prior to repeal by Pub. L. 103-355, 
title II, Sec. 2001(j)(1), Oct. 13, 1994, 108 Stat. 3303. See section 
2307(g) of this title.
    A prior section 7365, acts Aug. 10, 1956, ch. 1041, 70A Stat. 456; 
Aug. 29, 1972, Pub. L. 92-417, Sec. 1(4), 86 Stat. 654, related to 
settlement of claims, prior to the general amendment of this chapter by 
Pub. L. 104-106. See section 7363 of this title.
    A prior section 7366, act Aug. 10, 1956, ch. 1041, 70A Stat. 456, 
related to limitation on appropriations for naval salvage facilities, 
prior to repeal by Pub. L. 103-160, div. A, title VIII, Sec. 824(a)(10), 
Nov. 30, 1993, 107 Stat. 1708.
    A prior section 7367, act Aug. 10, 1956, ch. 1041, 70A Stat. 456, 
related to disposition of receipts, prior to the general amendment of 
this chapter by Pub. L. 104-106. See section 7364 of this title.
