48 U.S.C. § 1971 : US Code - Section 1971: Transfer of surplus personal property owned by United States

Search 48 U.S.C. § 1971 : US Code - Section 1971: Transfer of surplus personal property owned by United States

(a) Transfer to Northern Mariana Islands, Palau, Marshall Islands,
and Federated States of Micronesia
Notwithstanding any other provision of law, subject to valid
existing rights, and subject to subsection (b) of this section, all
right, title, and interest of the Government of the United States
in personal property situated in the Trust Territory of the Pacific
Islands and of the government of the Trust Territory of the Pacific
Islands in personal property wherever located shall be transferred,
without reimbursement, by a date not later than ninety days
following termination of the trusteeship agreement governing the
administration of the Trust Territory of the Pacific Islands, to
the government of the Northern Mariana Islands, Palau, the Marshall
Islands, or the Federated States of Micronesia according to a list
of distribution established by the High Commissioner of the Trust
Territory of the Pacific Islands in consultation with the recipient
government.
(b) Declaration that property is surplus
Personal property referred to in subsection (a) of this section
shall be transferred upon declaration by the High Commissioner of
the Trust Territory of the Pacific Islands that such property is
surplus to the needs of the government of the Trust Territory of
the Pacific Islands, which declaration shall be approved, if
applicable, by the head of the agency of the Government of the
United States having administrative responsibility for the
property.
(c) Property held in trust
If no government exists in Palau on December 24, 1980, that is
capable of receiving title to such property in its own name, the
government of the Trust Territory of the Pacific Islands shall hold
such property in trust for the prospective government of Palau
until such government is established.