§ 39. — Reservation of timber, minerals, or easements by owners on exchange.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC39]
TITLE 16--CONSERVATION
CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
SUBCHAPTER V--YELLOWSTONE NATIONAL PARK
Sec. 39. Reservation of timber, minerals, or easements by owners
on exchange
Reservations of timber, minerals, or easements, the values of which
shall be duly considered in determining the values of the lands
conveyed, may be made by the owner or owners thereof in lands conveyed
to the United States under the provisions of sections 37 to 40 of this
title. Where such reservations are made, the right to enjoy them shall
be subject to such reasonable conditions respecting ingress and egress
and the use of the surface of the land as may be deemed necessary by the
Secretary of the Interior or the Secretary of Agriculture, whichever may
be responsible for the handling and use of the land as provided in said
sections: Provided, That all property, rights, easements, and benefits
authorized by this section to be retained by or reserved to owners of
land conveyed to the United States shall be subject to the tax laws of
the States where such lands are located.
(May 26, 1926, ch. 399, Sec. 3, 44 Stat. 656.)
Section Referred to in Other Sections
This section is referred to in sections 37, 40 of this title.
