The net proceeds of sales of useless ordnance material by the Department of the Navy shall be covered into the Treasury.
Amendment history
(Aug. 10, 1956, ch. 1041, 70A Stat. 465, § 7543; renumbered § 8763, Pub. L. 115–232, div. A, title VIII, § 807(d)(8), Aug. 13, 2018, 132 Stat. 1836.) Historical and Revision Notes Revised section Source (U.S. Code) Source (Statutes at Large) 7543 50 U.S.C. 74. Jan. 22, 1923, ch. 28, 42 Stat. 1142 (last 24 words of 5th par.). The words “as miscellaneous receipts” are omitted as surplusage. Editorial Notes Amendments 2018—Pub. L. 115–232 renumbered section 7543 of this title as this section. Statutory Notes and Related Subsidiaries Effective Date of 2018 Amendment Amendment by Pub. L. 115–232 effective Feb. 1, 2019, with provision for the coordination of amendments and special rule for certain redesignations, see section 800 of Pub. L. 115–232, set out as a note preceding section 3001 of this title.