16 U.S.C. § 809 : US Code - Section 809: Temporary use by Government of project works for national safety; compensation for use

Search 16 U.S.C. § 809 : US Code - Section 809: Temporary use by Government of project works for national safety; compensation for use

When in the opinion of the President of the United States,
evidenced by a written order addressed to the holder of any license
under this chapter, the safety of the United States demands it, the
United States shall have the right to enter upon and take
possession of any project or part thereof, constructed, maintained,
or operated under said license, for the purpose of manufacturing
nitrates, explosives, or munitions of war, or for any other purpose
involving the safety of the United States, to retain possession,
management, and control thereof for such length of time as may
appear to the President to be necessary to accomplish said
purposes, and then to restore possession and control to the party
or parties entitled thereto; and in the event that the United
States shall exercise such right it shall pay to the party or
parties entitled thereto just and fair compensation for the use of
said property as may be fixed by the commission upon the basis of a
reasonable profit in time of peace, and the cost of restoring said
property to as good condition as existed at the time of the taking
over thereof, less the reasonable value of any improvements that
may be made thereto by the United States and which are valuable and
serviceable to the licensee.