Title 40 › Subtitle SUBTITLE I— FEDERAL PROPERTY AND ADMINISTRATIVE SERVICES › Chapter 5— PROPERTY MANAGEMENT › Subchapter III— DISPOSING OF PROPERTY › § 556
If the Secretary of the Army says an Army Corps dredging vessel is no longer needed, the Administrator of General Services can dispose of the vessel and related equipment under sections 521–527, 529, and 549. The vessel may be sold or leased for limited public uses (foreign technical aid, maritime academy training, or public science/education/cultural use) or sold for scrap. Money from the sale or lease must go to the revolving fund in section 101 (9th par.) of the Civil Functions Appropriation Act, 1954 (33 U.S.C. 576) for operation and maintenance of Corps vessels. The vessel cannot be disposed of for dredging inside the United States.
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Public Buildings, Property, and Works — Source: USLM XML via OLRC
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Citation
40 U.S.C. § 556
Title 40 — Public Buildings, Property, and Works
Last Updated
Apr 5, 2026
Release point: 119-73not60