
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: 42USC1588]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
        CHAPTER 9--HOUSING OF PERSONS ENGAGED IN NATIONAL DEFENSE
 
          SUBCHAPTER VII--DISPOSAL OF WAR AND VETERANS' HOUSING
 
Sec. 1588. Sale of vacant land to local housing authorities; 
        sale of personal property
        
    (a) Notwithstanding any other provision of law, any land acquired 
under subchapters II to VII of this chapter or any other Act in 
connection with war or veterans' housing, but upon which no dwellings 
are located at the time of sale, may be sold at fair value, as 
determined by the Secretary of Housing and Urban Development to any 
agency organized for slum clearance or to provide subsidized housing for 
persons of low income.
    (b) Notwithstanding any other provision of law, any personal 
property held under subchapters II to VII of this chapter, and not sold 
with a project or building, may be sold at fair value, as determined by 
the Secretary of Housing and Urban Development to any agency organized 
for slum clearance or to provide subsidized housing for persons of low 
income. Any sale of personal property under this subsection shall be 
made on a cash basis, payable at the time of settlement.

(Oct. 14, 1940, ch. 862, title VI, Sec. 608, as added June 28, 1948, ch. 
688, Sec. 7, as added Apr. 20, 1950, ch. 94, title II, Sec. 201, 64 
Stat. 59; amended Aug. 11, 1955, ch. 787, 69 Stat. 668; Pub. L. 89-174, 
Sec. 5(a), Sept. 9, 1965, 79 Stat. 669.)

                       References in Text

    Subchapters III and VI of this chapter, referred to in text, were 
comprised of sections 1531 to 1536 and 1571 to 1576, respectively, of 
this title and have been omitted from the Code. For further details, see 
note set out under section 1522 of this title.


                               Amendments

    1955--Act Aug. 11, 1955, designated existing provisions as subsec. 
(a) and added subsec. (b).

                          Transfer of Functions

    For transfer of functions to Secretary of Housing and Urban 
Development, see note set out under section 1581 of this title.
