31 USC 3715 - Buying Real Property of a Debtor

The head of an agency for whom a civil action is brought against a debtor of the United States Government may buy real property of the debtor at a sale on execution of the real property of the debtor resulting from the action. The head of the agency may not bid more for the property than the amount of the judgment for which the property is being sold, and costs. The marshal of the district in which the sale is held shall transfer the property to the Government.

(Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 972.)

Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
3715 31:195. R.S. §3470; June 2, 1965, Pub. L. 89–30, §5, 79 Stat. 119.

Sections:  Previous  3562  3701  3702  3711  3712  3713  3714  3715  3716  3717  3718  3719  3720  3720A  3720B  Next

Last modified: October 26, 2015