Statute · United States Code
31 U.S.C. § 6306 — Authority to vest title in tangible personal property for research
31 U.S.C. § 6306
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- employee-benefits-and-executive-compensation
The head of an executive agency may vest title in tangible personal property in a nonprofit institution of higher education or in a nonprofit organization whose primary purpose is conducting scientific research— (1) when the property is bought with amounts provided under a procurement contract, grant agreement, or cooperative agreement with the institution or organization to conduct basic or applied scientific research; (2) when the head of the agency decides the vesting furthers the objectives of the agency; (3) without further obligation to the United States Government; and (4) under conditions the head of the agency considers appropriate.
Citator
31 U.S.C. § 6306 — Authority to vest title in tangible personal property for research is in force in the current edition of the Code, and nothing recorded condemns it.
The head of an executive agency may vest title in tangible personal property in a nonprofit institution of higher education or in a nonprofit organization whose primary purpose is conducting scientific research— (1) when the property is bought with amounts provided under a procurement contract, grant agreement, or cooperative agreement with the institution or organization to conduct basic or applied scientific research; (2) when the head of the agency decides the vesting furthers the objectives of the agency; (3) without further obligation to the United States Government; and (4) under conditions the head of the agency considers appropriate.