Useless ordnance material: disposition of proceeds on sale
About This Law
/us/usc/t10/s8763
Title
10 — Armed Forces
Chapter
STC/PTIV/CH875
Release
119-84
Release Date
2026-04-17
Section Text
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The net proceeds of sales of useless ordnance material by the Department of the Navy shall be covered into the Treasury.
(Aug. 10, 1956, ch. 1041, 70A Stat. 465, § 7543; renumbered § 8763, Pub. L. 115–232, div. A, title VIII, § 807(d)(8), Aug. 13, 2018, 132 Stat. 1836.)
Historical and Revision Notes
Revised sectionSource (U.S. Code)Source (Statutes at Large)
754350 U.S.C. 74.Jan. 22, 1923, ch. 28, 42 Stat. 1142 (last 24 words of 5th par.).
The words “as miscellaneous receipts” are omitted as surplusage.
Editorial Notes
Amendments2018—Pub. L. 115–232 renumbered section 7543 of this title as this section.
Statutory Notes and Related Subsidiaries
Effective Date of 2018 AmendmentAmendment by Pub. L. 115–232 effective Feb. 1, 2019, with provision for the coordination of amendments and special rule for certain redesignations, see section 800 of Pub. L. 115–232, set out as a note preceding section 3001 of this title.
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