10 U.S.C. § 8735 Foreign Interest

• Library: United States Statutes
• Edition: 2023 Edition
• Currency: Current through P.L. 118-13 (published on www.congress.gov on 08/07/2023),Current through P.L. 118-19 (published on www.congress.gov on 10/06/2023)

(a) If the laws, customs, or regulations of any foreign country deny the privilege of leasing public lands to citizens or corporations of the United States, citizens of that foreign country, or corporations controlled by citizens of that country, may not, by contract made after July 1, 1937, or by stock ownership, holding, or control, acquire or own any interest in, or right to any benefit from, any lease of land in the naval petroleum, naval oil shale, or other naval fuel reserves made under sections 181-184, 185-188, 189-194, 201, 202-209, 211-214, 223, 224-226, 226d, 226e, 227-229a, 241, 251, and 261-263 of title 30, or under this chapter.

(b) The Secretary may cancel any lease for any violation of this section.

Cite as 10 U.S.C. § 8735

Source: Aug. 10, 1956, ch. 1041, 70A Stat. 461, §7435; Pub. L. 87-796, §1(11), Oct. 11, 1962, 76 Stat. 906; Pub. L. 94-258, title II, §201(17), Apr. 5, 1976, 90 Stat. 313; renumbered § 8735,Pub. L. 115-232, div. A, title VIII, §807(d)(5)8735,, 132 Stat. 1836.

current through 5/24/2023

<TABLE> <TR><TD colspan="3">HISTORICAL AND REVISION NOTES</TD> </TR> <TR> <TD>Revised section</TD> <TD>Source (U.S. Code)</TD> <TD>Source (Statutes at Large)</TD> </TR> <TR> <TD>7435</TD> <TD> <codecitation statecd="US" datatype="S" title="34">34 U.S.C. <codesec>524</codesec></codecitation> (8th par.).</TD> <TD>June 4, 1920, ch. 228 (8th par. of amended 3d and 4th provisos), 41 Stat. 813; June 30, 1938, ch. 851, §1, 52 Stat. 1254; June 17, 1944, ch. 262, 58 Stat. 281.</TD> </TR> </TABLE>