§ 403g-1. — Exchange of lands.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC403g-1]
TITLE 16--CONSERVATION
CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
SUBCHAPTER XLVI--SHENANDOAH NATIONAL PARK AND GREAT SMOKY MOUNTAINS
NATIONAL PARK
Sec. 403g-1. Exchange of lands
The Secretary of the Interior is authorized to accept from grantors
title to non-Federal land and interests in land, together with
improvements thereon, situated within or adjacent to the Great Smoky
Mountains National Park, and in exchange therefor, to convey by deed on
behalf of the United States to the aforesaid grantors, land or interests
therein, together with improvements thereon, situated within the Great
Smoky Mountains National Park: Provided, That such exchanges may be made
without additional compensation by either party to the exchange when the
properties to be exchanged are of approximately equal value; however,
when the properties are not of approximately equal value, as may be
determined by the Secretary, an additional payment of funds shall be
required by the Secretary or by the grantor of non-Federal properties,
as the case may be, in order to make an equal exchange, and the
Secretary is authorized to use any land acquisition funds relating to
the National Park System for such purposes: Provided further, That not
more than two hundred acres of park land shall be conveyed pursuant to
the aforesaid exchange authority. All properties acquired by the United
States pursuant to this section shall become a part of the Great Smoky
Mountain National Park upon acquisition thereof. Properties conveyed by
the United States pursuant to this section shall thereafter be excluded
from the park and any Federal regulation or control thereof for park
purposes.
(Pub. L. 85-407, May 16, 1958, 72 Stat. 115.)
