
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: 16USC79g]

 
                         TITLE 16--CONSERVATION
 
   CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
 
                  SUBCHAPTER VII--REDWOOD NATIONAL PARK
 
Sec. 79g. Contract authorization within prescribed cost limits; 
        installments: duration, interest; provisions for payment of 
        judgments and compromise settlements applicable to judgments 
        against United States
        
    (a) Notwithstanding any other provision of law, the Secretary shall 
have the same authority with respect to contracts for the acquisition of 
land and interests in land for the purposes of this subchapter as was 
given the Secretary of the Treasury for other land acquisitions by 
section 261 of title 40, and the Secretary and the owner of land to be 
acquired under this subchapter may agree that the purchase price will be 
paid in periodic installments over a period that does not exceed ten 
years, with interest on the unpaid balance thereof at a rate which is 
not in excess of the current average market yield on outstanding 
marketable obligations of the United States with remaining periods to 
maturity comparable to the average maturities on the installments.
    (b) Judgments against the United States, including final partial 
judgments and compromise settlements of claims referred to the Attorney 
General for defense of suits against the United States, for amounts in 
excess of the deposit in court in actions under section 79c of this 
title shall be paid in accordance with the provisions of section 1304 of 
title 31, and section 2414 of title 28. Final partial judgments and 
compromise settlements are payable only after certification by the 
Attorney General to the Comptroller General that it is in the interest 
of the United States to do so.

(Pub. L. 90-545, Sec. 7, Oct. 2, 1968, 82 Stat. 934; Pub. L. 99-151, 
title II, Sec. 203, Nov. 13, 1985, 99 Stat. 807.)


                               Amendments

    1985--Subsec. (b). Pub. L. 99-151, in amending subsec. (b) 
generally, inserted provisions relating to final partial judgments and 
compromise settlements, substituted reference to actions under section 
79c of this title for reference to condemnation actions, and deleted 
reference to section 2517 of title 28.
