Title 42 — The Public Health and WelfareRelease 119-73not60
§2307 Form and Contents of Contracts, Mortgages, and Other Instruments
Title 42 › Chapter 24— DISPOSAL OF ATOMIC ENERGY COMMUNITIES › Subchapter I— GENERAL PROVISIONS › § 2307
Summary
Require all contracts and other papers made under this law to follow the form and terms the Commission sets, and to be as simple and short as possible. Any mortgage must include terms that keep the United States in the same position a private lender would have under state laws that give borrowers relief from deficiency judgments.
Full Legal Text
Title 42, §2307
The Public Health and Welfare — Source: USLM XML via OLRC
Contracts entered into pursuant to this chapter and other instruments executed pursuant to this chapter shall be in such form and contain such provisions, consistent with this chapter, as the Commission shall prescribe; and shall be as simple and concise as possible. Any mortgage shall contain terms which will place the United States in the same position, with respect to any mortgages it may hold under the provisions of subchapter V, as that occupied by a private lender under the applicable State laws for the relief of mortgagors with respect to deficiency judgments.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Transfer of Functions
Atomic Energy Commission abolished and functions transferred by section 5814 and 5841 of this title. See also
Transfer of Functions
notes set out under those sections.
Reference
Citations & Metadata
Citation
42 U.S.C. § 2307
Title 42 — The Public Health and Welfare
Last Updated
Apr 5, 2026
Release point: 119-73not60