16 U.S.C. § 39 : US Code - Section 39: Reservation of timber, minerals, or easements by owners on exchange

Search 16 U.S.C. § 39 : US Code - Section 39: Reservation of timber, minerals, or easements by owners on exchange

Reservations of timber, minerals, or easements, the values of
which shall be duly considered in determining the values of the
lands conveyed, may be made by the owner or owners thereof in lands
conveyed to the United States under the provisions of sections 37
to 40 of this title. Where such reservations are made, the right to
enjoy them shall be subject to such reasonable conditions
respecting ingress and egress and the use of the surface of the
land as may be deemed necessary by the Secretary of the Interior or
the Secretary of Agriculture, whichever may be responsible for the
handling and use of the land as provided in said sections:
Provided, That all property, rights, easements, and benefits
authorized by this section to be retained by or reserved to owners
of land conveyed to the United States shall be subject to the tax
laws of the States where such lands are located.