StacksVerified U.S. federal law reference

16 U.S.C. § 459f–9 — Public utility facilities; purchase of facilities without value to utility; amount of payment

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov
The Secretary of the Interior is authorized to purchase from a public utility any facilities of that utility which are no longer of value to it as a result of the establishment of the Assateague Island National Seashore and shall pay for such facilities an amount equal to the cost of constructing such facilities less depreciation.