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§ 459u. —  Exchange of recreational demonstration project lands by grantee.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 16USC459u]

 
                         TITLE 16--CONSERVATION
 
   CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
 
          SUBCHAPTER LXIV--RECREATIONAL DEMONSTRATION PROJECTS
 
Sec. 459u. Exchange of recreational demonstration project lands 
        by grantee
        
    In order to facilitate the administration of former recreational 
demonstration project lands and to consolidate the holdings of the 
grantees to whom such lands have been or may be granted pursuant to 
sections 459r to 459t of this title, the Secretary of the Interior may 
authorize any such grantee to exchange or otherwise dispose of any lands 
or interests in lands conveyed to it in order to acquire other lands or 
interests therein of approximately equal value.
    For the aforesaid purpose, the Secretary is authorized to execute a 
release, as to the particular lands involved, of any condition providing 
for a reversion of title to the United States, that may be contained in 
the conveyance by the United States to said grantee. No such release 
shall be executed, however, unless the grantee shall agree, in form 
satisfactory to the Secretary, that the lands to be acquired by it shall 
be subject to the conditions contained in the original conveyance from 
the United States, except that in lieu of a provision for reversion, the 
grantee shall agree to convey said lands to the United States upon a 
finding by the Secretary in accordance with the procedure provided in 
said sections, that the grantee has not complied with such conditions 
during a period of more than three years. Lands so conveyed to the 
United States shall be subject to administration or disposition in like 
manner as recreational demonstration project lands that revert to the 
United States under the terms of the aforesaid sections.

(Aug. 3, 1950, ch. 522, 64 Stat. 399.)



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