Proceeds of sales of supplies: credit to appropriations
FederalStatutes
Ask Donna
How this section applies to your facts.
Title 10—ARMED FORCES > Subtitle A—General Military Law > PART IV—SERVICE, SUPPLY, AND PROPERTY > CHAPTER 131—PLANNING AND COORDINATION
Text
A working-capital fund established pursuant to section 2208 of this title may retain so much of the proceeds of disposals of property referred to in paragraph (2) as is necessary to recover the expenses incurred by the fund in disposing of such property. Proceeds from the sale or disposal of such property in excess of amounts necessary to recover the expenses may be credited to current applicable appropriations of the Department of Defense.
(Added Pub. L. 87–651, title II, § 207(a) , Sept. 7, 1962 , 76 Stat. 522 ; amended Pub. L. 96–513, title V, § 511(72) , Dec. 12, 1980 , 94 Stat. 2926 ; Pub. L. 105–261, div. A, title X, § 1009 , Oct. 17, 1998 , 112 Stat. 2117 .)
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.