Statute · United States Code

10 U.S.C. § 8733 — Disposition of royalties

10 U.S.C. § 8733

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
bankruptcy

(a) Any oil, gas, gasoline or other substance accruing to the United States as royalty from any lease under this chapter shall be delivered to the United States, or shall be paid for in money, as the Secretary elects. (b) All money accruing to the United States from lands in the naval petroleum reserves shall be covered into the Treasury.

(a) Any oil, gas, gasoline or other substance accruing to the United States as royalty from any lease under this chapter shall be delivered to the United States, or shall be paid for in money, as the Secretary elects. (b) All money accruing to the United States from lands in the naval petroleum reserves shall be covered into the Treasury.