
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC306]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
                     CHAPTER 4--THE PUBLIC PROPERTY
 
Sec. 306. Release of lands in certain cases

    In cases where real estate has become the property of the United 
States, by conveyance, extent, or otherwise, in payment of a debt, and 
such debt is afterward fully paid in money, and the same has been 
received by the United States, the Administrator of General Services may 
release by deed or otherwise convey the same real estate to the debtor 
from whom it was taken, if he is living, or, if such debtor is dead, to 
his heirs or devisees, or such person as they may appoint: Provided, 
That this section shall not apply to real estate so acquired by the 
United States in payment of any debt arising under the internal-revenue 
laws.

(R.S. Sec. 3751; May 10, 1934, ch. 277, Sec. 512(b), 48 Stat. 759; Pub. 
L. 89-30, Sec. 3, June 2, 1965, 79 Stat. 119.)

                       References in Text

    The internal-revenue laws, referred to in text, are classified 
generally to Title 26, Internal Revenue Code.

                          Codification

    R.S. Sec. 3751 derived from acts May 29, 1830, ch. 153, Sec. 1, 4 
Stat. 414; Mar. 2, 1867, ch. 169, Sec. 4, 14 Stat. 472.


                               Amendments

    1965--Pub. L. 89-30 substituted ``Administrator of General 
Services'' for ``General Counsel for the Department of the Treasury''.

                          Transfer of Functions

    For transfer of functions of other officers, employees, and agencies 
of Department of the Treasury, with certain exceptions, to Secretary of 
the Treasury with power to delegate, see Reorg. Plan No. 26 of 1950, 
Secs. 1, 2, eff. July 31, 1950, 15 F.R. 4935, 64 Stat. 1280, 1281, set 
out in the Appendix to Title 5, Government Organization and Employees. 
Functions of Coast Guard and Commandant of Coast Guard excepted from 
transfer when Coast Guard is operating as part of Navy under sections 1 
and 3 of Title 14, Coast Guard.
    Act May 10, 1934, abolished offices of General Counsel and Assistant 
General Counsel for Bureau of Internal Revenue and offices of Solicitor 
and Assistant Solicitor of Treasury, and transferred powers, duties, and 
functions thereof to General Counsel for Department of the Treasury.
