Public Law 119-102 (07/12/2026)

50 U.S.C. § 1151 to 1156

Repealed. Pub. L. 101–403, title II, § 202(b), Oct. 1, 1990, 104 Stat. 874

Section text and notes

act July 27, 1954, ch. 582, § 1 68 Stat. 566 section 2608 of Title 10Section 1151, , , authorized Secretary of the Treasury and Administrator of General Services to accept gifts of money or property on behalf of the United States made on condition that such gifts be used for particular defense purposes. See , Armed Forces.

act July 27, 1954, ch. 582, § 2 68 Stat. 566 Section 1152, , , authorized Secretary of the Treasury and Administrator of General Services to convert into money any gifts of property.

act July 27, 1954, ch. 582, § 3 68 Stat. 566 Section 1153, , , established a special account in the Treasury for depositing gifts.

act July 27, 1954, ch. 582, § 4 68 Stat. 566 Section 1154, , , directed Secretary of the Treasury to pay to various appropriation accounts any moneys in the special account which in his judgment would best effectuate the purpose of the gifts.

act July 27, 1954, ch. 582, § 5 68 Stat. 566 Section 1155, , , directed Secretary of the Treasury and Administrator of General Services to consult with interested Federal agencies in carrying out this chapter.

act July 27, 1954, ch. 582, § 6 68 Stat. 566 Section 1156, , , provided that nothing in this chapter was to be construed to modify or repeal the authority to accept conditional gifts under any other provision of law.

Statutory Notes and Related Subsidiaries

Transfer of Funds

Pub. L. 101–403, title II, § 202(c)104 Stat. 874

50 U.S.C. 1153section 2608(b) of title 10“Any money in the special account provided for in section 3 of the Act [former ] referred to in subsection (b) [repealing this chapter] on the date of the enactment of this Act [] shall be credited to the Defense Cooperation Account provided for in , United States Code, as added by subsection (a).”
, , , provided that: