§306. Release of lands in certain cases

In cases where real estate has become the property of the United States, by conveyance, extent, or otherwise, in payment of a debt, and such debt is afterward fully paid in money, and the same has been received by the United States, the Administrator of General Services may release by deed or otherwise convey the same real estate to the debtor from whom it was taken, if he is living, or, if such debtor is dead, to his heirs or devisees, or such person as they may appoint: Provided, That this section shall not apply to real estate so acquired by the United States in payment of any debt arising under the internal-revenue laws.

(R.S. §3751; May 10, 1934, ch. 277, §512(b), 48 Stat. 759 ; Pub. L. 89–30, §3, June 2, 1965, 79 Stat. 119 .)

References in Text

The internal-revenue laws, referred to in text, are classified generally to Title 26, Internal Revenue Code.

Codification

R.S. §3751 derived from acts May 29, 1830, ch. 153, §1, 4 Stat. 414 ; Mar. 2, 1867, ch. 169, §4, 14 Stat. 472 .

Amendments

1965-Pub. L. 89–30 substituted "Administrator of General Services" for "General Counsel for the Department of the Treasury".

Transfer of Functions

For transfer of functions of other officers, employees, and agencies of Department of the Treasury, with certain exceptions, to Secretary of the Treasury with power to delegate, see Reorg. Plan No. 26 of 1950, §§1, 2, eff. July 31, 1950, 15 F.R. 4935, 64 Stat. 1280, 1281, set out in the Appendix to Title 5, Government Organization and Employees. Functions of Coast Guard and Commandant of Coast Guard excepted from transfer when Coast Guard is operating as part of Navy under sections 1 and 3 of Title 14, Coast Guard.

Act May 10, 1934, abolished offices of General Counsel and Assistant General Counsel for Bureau of Internal Revenue and offices of Solicitor and Assistant Solicitor of Treasury, and transferred powers, duties, and functions thereof to General Counsel for Department of the Treasury.