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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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| LegalText | 40 U.S.C. § 604 | Treatment of assets taken over to establish motor vehicle pools and transportation systems | us | united_states_code | code_section | 40 | PUBLIC BUILDINGS, PROPERTY, AND WORKS | 5 | PROPERTY MANAGEMENT | 604 | 40 U.S.C. § 604 | current | 119-100 | 2026-06-26 | official | https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc40@119-100.zip | /us/usc/t40/s604 | data/legal/raw/us/code/title-40/usc40.xml | 99d3de7cc4cc199d5457e7fc6b2737bd03c8b74cdb33dff9d90091033937b9e3 | 9e671d5f37f9148634c9ba568a4c16d4864b567130b66bcf607f680414560a29 | af4647cb37ea7cf4232a71f437ccc30eab92008538f1e8db2eed3abc51fe1d75 | 2026-07-04 | official |
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40 U.S.C. § 604 - Treatment of assets taken over to establish motor vehicle pools and transportation systems
Text
(a) Reimbursement.— (1) Requirement.— When the Administrator of General Services takes over motor vehicles or related equipment or supplies under section 602 of this title, reimbursement is required if the property is taken over from—
(A) a Government corporation; or
(B) an agency, if the agency acquired the property through unreimbursed expenditures made from a revolving or trust fund authorized by law.
(2) Amount.— The Administrator shall reimburse a Government corporation, or a fund through which an agency acquired property, by an amount equal to the fair market value of the property. If the Administrator subsequently returns property of a similar kind under section 610 of this title, the Government corporation or the fund shall reimburse the Administrator by an amount equal to the fair market value of the property returned.
(b) Addition to Acquisition Services Fund.— If the Administrator takes over motor vehicles or related equipment or supplies under section 602 of this title but reimbursement is not required under subsection (a), the value of the property taken over, as determined by the Administrator, may be added to the capital of the Acquisition Services Fund. If the Administrator subsequently returns property of a similar kind under section 610 of this title, the value of the property may be deducted from the Fund.
(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1122; Pub. L. 109–313, § 3(h)(5), Oct. 6, 2006, 120 Stat. 1736.)
Notes
Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 604(a)40:491(g).June 30, 1949, ch. 288, title II, § 211(g), (h), as added Sept. 5, 1950, ch. 849, § 5(c), 64 Stat. 583; Sept. 1, 1954, ch. 1211, § 2, 68 Stat. 1128. 604(b)40:491(h).
Editorial Notes
Amendments2006—Subsec. (b). Pub. L. 109–313 substituted “Acquisition Services Fund” for “General Supply Fund” in heading and text.
Statutory Notes and Related Subsidiaries
Effective Date of 2006 AmendmentAmendment by Pub. L. 109–313 effective 60 days after Oct. 6, 2006, see section 6 of Pub. L. 109–313, set out as a note under section 5316 of Title 5, Government Organization and Employees.