Laws: Cases and Codes : U.S. Code : Title 48 : Section 1545


   
U.S. Code as of: 01/19/04
Section 1545. Lease and sale of public property; conveyance of title in certain lands to the government of Virgin Islands

      (a) The Secretary of the Interior shall be authorized to lease or
    to sell upon such terms as he may deem advantageous to the
    Government of the United States any property of the United States
    under his administrative supervision in the Virgin Islands not
    needed for public purposes.
      (b)(1) All right, title, and interest of the United States in the
    property placed under the control of the government of the Virgin
    Islands by section 1405c(a) of this title, not reserved to the
    United States by the Secretary of the Interior within one hundred
    and twenty days after October 5, 1974, is hereby conveyed to such
    government. The conveyance effected by the preceding sentence shall
    not apply to that land and other property which on October 5, 1974,
    is administered by the Secretary of the Interior as part of the
    National Park System and such lands and other property shall be
    retained by the United States.
      (2) Subject to valid existing rights, title to all property in
    the Virgin Islands which may have been acquired by the United
    States from Denmark under the Convention entered into August 16,
    1916, not reserved or retained by the United States in accordance
    with the provisions of Public Law 93-435 (88 Stat. 1210) is hereby
    transferred to the Virgin Islands government.



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