10 USC 7367: Disposition of receipts
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10 USC 7367: Disposition of receipts Text contains those laws in effect on January 4, 1995
From Title 10-ARMED FORCESSubtitle C-Navy and Marine CorpsPART IV-GENERAL ADMINISTRATIONCHAPTER 637-SALVAGE FACILITIES
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§7367 . Disposition of receipts

Money received under this chapter shall be credited to appropriations for maintaining salvage facilities by the Department of the Navy. However, if the amount received in any year exceeds the cost incurred by the Navy during that year in giving and maintaining salvage services, the excess shall be covered into the Treasury.

(Aug. 10, 1956, ch. 1041, 70A Stat. 456 .)

Historical and Revision Notes
Revised sectionSource (U.S. Code)Source (Statutes at Large)
7367 46 U.S.C. 735 (less 1st 31 words). May 4, 1948, ch. 256, §3 (less 1st 31 words), 62 Stat. 210 .

The words "as miscellaneous receipts" are omitted as surplusage.