16 USC 459t - Secretary of the Interior authorized to execute deeds and leases for project lands; inclusion of conditional covenants
U.S. Code > Title 16 > Chapter 1 > Subchapter LXIV > § 459t - Secretary of the Interior authorized to execute deeds and leases for project lands; inclusion of conditional covenants
In order to facilitate the administration of former recreational
demonstration project lands and to consolidate the holdings of the
grantees to whom such lands have been or may be granted pursuant to
sections 459r to 459t of this title, the Secretary of the Interior
may authorize any such grantee to exchange or otherwise dispose of
any lands or interests in lands conveyed to it in order to acquire
other lands or interests therein of approximately equal value.
For the aforesaid purpose, the Secretary is authorized to execute
a release, as to the particular lands involved, of any condition
providing for a reversion of title to the United States, that may
be contained in the conveyance by the United States to said
grantee. No such release shall be executed, however, unless the
grantee shall agree, in form satisfactory to the Secretary, that
the lands to be acquired by it shall be subject to the conditions
contained in the original conveyance from the United States, except
that in lieu of a provision for reversion, the grantee shall agree
to convey said lands to the United States upon a finding by the
Secretary in accordance with the procedure provided in said
sections, that the grantee has not complied with such conditions
during a period of more than three years. Lands so conveyed to the
United States shall be subject to administration or disposition in
like manner as recreational demonstration project lands that revert
to the United States under the terms of the aforesaid sections.