
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 10USC7665]

 
                         TITLE 10--ARMED FORCES
 
                    Subtitle C--Navy and Marine Corps
 
                     PART IV--GENERAL ADMINISTRATION
 
                           CHAPTER 655--PRIZE
 
Sec. 7665. Sale of prize

    (a) The court shall order a sale of prize property if--
        (1) the property has been condemned;
        (2) the court finds, at any stage of the proceedings, that the 
    property is perishable, liable to deteriorate, or liable to 
    depreciate in value; or
        (3) the cost of keeping the property is disproportionate to its 
    value.

    (b) The court may order a sale of the prize property if, after the 
return-day on the libel, all the parties in interest who have appeared 
in the cause agree to it.
    (c) An appeal does not prevent the order of a sale under this 
section or the execution of such an order.

(Aug. 10, 1956, ch. 1041, 70A Stat. 479.)

                                          Historical and Revision Notes
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            Revised section                      Source (U.S. Code)            
   Source (Statutes at Large)
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7665..................................  34 U.S.C. 1143.                      R.
S. 4627.
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    In subsection (a) the word ``perishing'' is omitted as surplusage. 
The words ``in value'' are added after ``depreciate'' for clarity.
    In subsection (c) the words ``An appeal does not prevent'' are 
substituted for the words ``no appeal shall operate to prevent''.
