Title 16 — ConservationRelease 119-73not60

§39 Reservation of Timber, Minerals, or Easements by Owners on Exchange

Title 16 › Chapter 1— NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES › Subchapter V— YELLOWSTONE NATIONAL PARK › § 39

Last updated Apr 5, 2026|Official source

Summary

When land is transferred to the United States under sections 37 to 40, the owner can keep timber, minerals, or easements. The value of what is kept will be counted when figuring the land’s value. The Secretary of the Interior or the Secretary of Agriculture, whichever manages the land, can set reasonable rules about access and use of the surface. Any property, rights, easements, or benefits the owner keeps are still subject to the state tax laws where the land is located.

Full Legal Text

Title 16, §39

Conservation — Source: USLM XML via OLRC

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.

Reference

Citations & Metadata

Citation

16 U.S.C. § 39

Title 16 — Conservation

Last Updated

Apr 5, 2026

Release point: 119-73not60