§127 — Title 20 Education | U.S. Code

Summary

Within twenty years after construction is done, as the Secretary decides, if Howard University transfers these facilities to anyone but the U.S. or stops using them for teaching, the U.S. may recover their value from the buyer or university. The value is set by agreement or by the U.S. District Court for the District of Columbia.

Title 20, §127

Education — Source: USLM XML via OLRC

If, within twenty years after the completion of construction (as determined by the Secretary of Health, Education, and Welfare) of the new hospital facilities authorized by section 126 of this title, any of such facilities, or of the facilities transferred pursuant to section 124 of this title and combined with such new facilities, are transferred by Howard University to any other person or entity (except a transfer to the United States) or cease to be operated by the university as teaching hospital facilities, the United States shall be entitled to recover from the transferee or the university, in the case of a transfer, or from the university, if there is no transfer, an amount equal to the then value of such facilities (or so much thereof as is involved in the transfer, as the case may be), such value to be determined by agreement of the parties or by action brought in the United States District Court for the District of Columbia.

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Transfer of Functions

Functions of Secretary of Health, Education, and Welfare under laws relating to relationship between Howard University and Department of Health, Education, and Welfare transferred to Secretary of Education by section 3441(a)(2)(M) of this title.

§127 Transfer of Facilities by University or Cessation of Operation as Teaching Hospital Facilities; Recovery of Value by United States

Summary

Title 20, §127

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Transfer of Functions

Citations & Metadata