
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: 42USC2234]

 
                 TITLE 42--THE PUBLIC HEALTH AND WELFARE
 
          CHAPTER 23--DEVELOPMENT AND CONTROL OF ATOMIC ENERGY
 
                        Division A--Atomic Energy
 
       SUBCHAPTER XV--JUDICIAL REVIEW AND ADMINISTRATIVE PROCEDURE
 
Sec. 2234. Inalienability of licenses

    No license granted hereunder and no right to utilize or produce 
special nuclear material granted hereby shall be transferred, assigned 
or in any manner disposed of, either voluntarily or involuntarily, 
directly or indirectly, through transfer of control of any license to 
any person, unless the Commission shall, after securing full 
information, find that the transfer is in accordance with the provisions 
of this chapter, and shall give its consent in writing. The Commission 
may give such consent to the creation of a mortgage, pledge, or other 
lien upon any facility or special nuclear material, owned or thereafter 
acquired by a licensee, or upon any leasehold or other interest to such 
facility, and the rights of the creditors so secured may thereafter be 
enforced by any court subject to rules and regulations established by 
the Commission to protect public health and safety and promote the 
common defense and security.

(Aug. 1, 1946, ch. 724, title I, Sec. 184, as added Aug. 30, 1954, ch. 
1073, Sec. 1, 68 Stat. 954; amended Pub. L. 88-489, Sec. 19, Aug. 26, 
1964, 78 Stat. 607; renumbered title I, Pub. L. 102-486, title IX, 
Sec. 902(a)(8), Oct. 24, 1992, 106 Stat. 2944.)


                               Amendments

    1964--Pub. L. 88-489 inserted ``or special nuclear material,'' after 
``lien upon any facility'' and substituted ``interest in such facility'' 
for ``interest in such property''.

                          Transfer of Functions

    Atomic Energy Commission abolished and functions transferred by 
sections 5814 and 5841 of this title. See also Transfer of Functions 
notes set out under those sections.
