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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 7 U.S.C. § 1037 Sale of reserved mineral interests; disposition of proceeds us united_states_code code_section 7 AGRICULTURE 33 FARM TENANCY 1037 7 U.S.C. § 1037 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip /us/usc/t7/s1037 data/legal/raw/us/code/title-07/usc07.xml 416fdd6ce5f3da446465ea30e0df863b9bc4fe1e76084e474d4583840de036b5 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 ca2500acfab4c909ce371aaec852dfc2bed77cf6bd863c0fcd5985e94e3327f6 2026-07-04 official
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7 U.S.C. § 1037 - Sale of reserved mineral interests; disposition of proceeds

Text

All proceeds from sales made under sections 1033 to 1039 of this title of mineral interests described in section 1033 of this title shall be covered into the Treasury of the United States as miscellaneous receipts, except that the proceeds from sales of mineral interests which were a part of or derived from the assets transferred pursuant to the transfer agreements with State rural rehabilitation corporations shall be credited to the appropriate corporation account.

(Sept. 6, 1950, ch. 897, § 5, 64 Stat. 770.)

Notes

Editorial Notes

Codification Section was not enacted as part of the Bankhead-Jones Farm Tenant Act which constitutes a major part of this chapter.