Public utility facilities; purchase of facilities without value to utility; amount of payment
About This Law
/us/usc/t16/s459f–9
Title
16 — Conservation
Chapter
CH1
Release
119-84
Release Date
2026-04-17
Section Text
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The Secretary of the Interior is authorized to purchase from a public utility any facilities of that utility which are no longer of value to it as a result of the establishment of the Assateague Island National Seashore and shall pay for such facilities an amount equal to the cost of constructing such facilities less depreciation.
(Pub. L. 89–195, § 10, Sept. 21, 1965, 79 Stat. 827.)
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