Public utility facilities; purchase of facilities without value to utility; amount of payment

  1. Law
  2. USC 16
  3. Conservation
  4. NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
  5. NATIONAL SEASHORE RECREATIONAL AREAS
  6. Public utility facilities; purchase of facilities without value to utility; amount of payment

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§459f–9. Public utility facilities; purchase of facilities without value to utility; amount of payment

The Secretary of the Interior is authorized to purchase from a public utility any facilities of that utility which are no longer of value to it as a result of the establishment of the Assateague Island National Seashore and shall pay for such facilities an amount equal to the cost of constructing such facilities less depreciation.

( Pub. L. 89–195, §10, Sept. 21, 1965, 79 Stat. 827 .)


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