Title 42The Public Health and WelfareRelease 119-73

§1592j Disposition of moneys derived from rentals, operation, and disposition of property

Title 42 › Chapter CHAPTER 9— - HOUSING OF PERSONS ENGAGED IN NATIONAL DEFENSE › Subchapter SUBCHAPTER IX— - DEFENSE HOUSING AND COMMUNITY FACILITIES AND SERVICES › § 1592j

Last updated Apr 6, 2026|Official source

Summary

Money from renting, running, or selling properties bought under this law must pay for their upkeep, improvements, sale, reserves, and admin costs. It may go into a shared Treasury account or accounts, which cannot hold more than $5,000,000; any extra goes to miscellaneous receipts.

Full Legal Text

Title 42, §1592j

The Public Health and Welfare — Source: USLM XML via OLRC

Moneys derived from rentals, operation, or disposition of property acquired or constructed under the provisions of this subchapter shall be available for expenses of operation, maintenance, improvement, and disposition of any such property, including the establishment of necessary reserves therefor and administrative expenses in connection therewith: Provided, That such moneys derived from rentals, operation, or disposition may be deposited in a common fund account or accounts in the Treasury: And provided further, That the moneys in such common fund account or accounts shall not exceed $5,000,000 at any time, and all moneys in excess of such amount shall be covered into miscellaneous receipts.

Reference

Citations & Metadata

Citation

42 U.S.C. § 1592j

Title 42The Public Health and Welfare

Last Updated

Apr 6, 2026

Release point: 119-73