
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC310]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
                     CHAPTER 4--THE PUBLIC PROPERTY
 
Sec. 310. Abandoned property

    The Administrator of General Services is authorized to make such 
contracts and provisions as he may deem for the interest of the 
Government, for the preservation, sale, or collection of any property, 
or the proceeds thereof, which may have been wrecked, abandoned, or 
become derelict, being within the jurisdiction of the United States, and 
which ought to come to the United States, and in such contracts to allow 
such compensation to any person giving information thereof, or who shall 
actually preserve, collect, surrender, or pay over the same, as the 
Administrator of General Services may deem just and reasonable. No costs 
or claim shall, however, become chargeable to the United States in so 
obtaining, preserving, collecting, receiving, or making available 
property, debts, dues, or interests, which shall not be paid from such 
moneys as shall be realized and received from the property so collected, 
under each specific agreement.

(R.S. Sec. 3755; Pub. L. 89-30, Sec. 4, June 2, 1965, 79 Stat. 119.)

                          Codification

    The clause in this section, as originally enacted, making it 
applicable also to ``or of any moneys, dues, and other interests lately 
in the possession of or due to the so-called Confederate States, or 
their agents, and now belonging to the United States, which are now 
withheld or retained by any person, corporation or municipality 
whatever, and which ought to have come into the possession and custody 
of, or been collected or received by, the United States;'' was omitted.
    R.S. Sec. 3755 derived from Res. June 21, 1870, No. 75, 16 Stat. 
380.


                               Amendments

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