
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: 12USC1748d]

 
                       TITLE 12--BANKS AND BANKING
 
                      CHAPTER 13--NATIONAL HOUSING
 
       SUBCHAPTER VIII--ARMED SERVICES HOUSING MORTGAGE INSURANCE
 
Sec. 1748d. Lease of property; terms and conditions

    Whenever the Secretary of the Army, Navy, or Air Force determines 
that it is necessary to lease any land held by the United States on or 
near a military installation to effectuate the purposes of this 
subchapter, he may lease such land upon such terms and conditions as 
will, in his opinion, best serve the national interest. The authority 
conferred by this section shall be in addition to and not in derogation 
of any other power or authority of the Secretary of the Army, Navy, or 
Air Force.

(June 27, 1934, ch. 847, title VIII, Sec. 805, as added Aug. 8, 1949, 
ch. 403, Sec. 1, 63 Stat. 576; amended Aug. 11, 1955, ch. 783, title IV, 
Sec. 401, 69 Stat. 651.)


                               Amendments

    1955--Act Aug. 11, 1955, struck out specific references to sections 
authorizing leases of property, and struck out the power to sell, 
transfer, and convey real property.

                  Section Referred to in Other Sections

    This section is referred to in section 1748h-1 of this title.
