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12 U.S.C. § 1748d

Lease of property; terms and conditions

United States · Title 12 — BANKS AND BANKING · Status: effective

Property & Real Estate
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12 U.S.C. § 1748d, Lease of property; terms and conditions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/437877
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Full text

Whenever the Secretary of the Army, Navy, or Air Force determines that it is necessary to lease any land held by the United States on or near a military installation to effectuate the purposes of this subchapter, he may lease such land upon such terms and conditions as will, in his opinion, best serve the national interest. The authority conferred by this section shall be in addition to and not in derogation of any other power or authority of the Secretary of the Army, Navy, or Air Force.

Legislative history

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