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2026-07-06 09:52:37 -04:00

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LegalText 10 U.S.C. § 8868 Disposition of prize money us united_states_code code_section 10 ARMED FORCES 883 PRIZE 8868 10 U.S.C. § 8868 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc10@119-100.zip /us/usc/t10/s8868 data/legal/raw/us/code/title-10/usc10.xml 1ff3952eb534cd3b92d9a6fdd61c023f8271fab7f32ce5943fd3f3aa727ad051 06a2679d38355c44f4219c983fdad34009233205d6ba271593a4c1b17a739ec1 35e86a6d16bee61decb86961f85c2022844304d9840a5e1a5a554e4c11dba767 2026-07-04 official
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10 U.S.C. § 8868 - Disposition of prize money

Text

The net proceeds of all property condemned as prize shall be decreed to the United States and shall be ordered by the court to be paid into the Treasury.

(Aug. 10, 1956, ch. 1041, 70A Stat. 480, § 7668; renumbered § 8868, Pub. L. 115232, div. A, title VIII, § 807(d)(9), Aug. 13, 2018, 132 Stat. 1837.)

Notes

Historical and Revision Notes Revised sectionSource (U.S. Code)Source (Statutes at Large) 766834 U.S.C. 1151.R.S. 4630; R.S. 4641. R.S. 4630 provided that in some circumstances the captors were to receive the net proceeds of prize property and in other circumstances they were to receive half and the United States was to receive the other half. The Act of March 3, 1899, ch. 413, § 13, 30 Stat. 1007, repealed “all provisions of law authorizing the distribution among captors of the whole or any portion of the proceeds of vessels, or any property hereafter captured, condemned as prize”. Thus the only part of R.S. 4630 that remains in effect, as is indicated in 34 U.S.C. 1151, is that part which provides that proceeds shall be decreed to the United States. The section is so worded. R.S. 4641 stated how proceeds decreed to captors should be divided among them. These provisions were eliminated by the Act of March 3, 1899, supra. All that remains of R.S. 4641, as is indicated in 34 U.S.C. 1151, is the provision that proceeds decreed to the United States shall be paid into the Treasury, and the section is worded accordingly.

Editorial Notes

Amendments2018—Pub. L. 115232 renumbered section 7668 of this title as this section.

Statutory Notes and Related Subsidiaries

Effective Date of 2018 AmendmentAmendment by Pub. L. 115232 effective Feb. 1, 2019, with provision for the coordination of amendments and special rule for certain redesignations, see section 800 of Pub. L. 115232, set out as a note preceding section 3001 of this title.