US LAWS, STATUTES & CODES ON-LINE

[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
  January 7, 2003 and December 19, 2003]
[CITE: 7USC1037]

 
                          TITLE 7--AGRICULTURE
 
                        CHAPTER 33--FARM TENANCY
 
                    SUBCHAPTER IV--GENERAL PROVISIONS
 
Sec. 1037. Sale of reserved mineral interests; disposition of 
        proceeds
        
    All proceeds from sales made under sections 1033 to 1039 of this 
title of mineral interests described in section 1033 of this title shall 
be covered into the Treasury of the United States as miscellaneous 
receipts, except that the proceeds from sales of mineral interests which 
were a part of or derived from the assets transferred pursuant to the 
transfer agreements with State rural rehabilitation corporations shall 
be credited to the appropriate corporation account.

(Sept. 6, 1950, ch. 897, Sec. 5, 64 Stat. 770.)

                          Codification

    Section was not enacted as part of the Bankhead-Jones Farm Tenant 
Act which constitutes a major part of this chapter.

                  Section Referred to in Other Sections

    This section is referred to in sections 1033, 1035, 1038, 1039 of 
this title.