(a)
(b)
(1) equal to the proceeds realized from the disposition of the property less costs incident to care and handling as determined by the Administrator; or
(2) if the property has been used or transferred, equal to the fair value of the property as of the time title vested in the Government less costs incident to care and handling as determined by the Administrator.
(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1099; Pub. L. 109–284, §6(3), Sept. 27, 2006, 120 Stat. 1212.)
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
552 | 40:484(m). | June 30, 1949, ch. 288, title II, §203(m), formerly §203(l), 63 Stat. 388; redesignated §203(m), Aug. 1, 1955, ch. 442, 69 Stat. 430. |
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