Protection of historic and artistic furnishings of reception areas of the Harry S Truman Federal Building
In general
Disposition of historic and artistic items
Items covered
Sale or trade
Whenever the Secretary of State, acting through the Under Secretary for Management, determines that—
any item covered by paragraph (1) is no longer needed for use or display in the reception areas, or
in order to upgrade the reception areas, a better use of that article would be its sale or exchange,
the Secretary may, with the advice and concurrence of the Director of the National Gallery of Art, sell the item at fair market value or trade it, without regard to the requirements of chapters 1 to 11 of title 40 and division C (except sections 3302, 3307(e), 3501(b), 3509, 3906, 4710, and 4711) of subtitle I of title 41. The proceeds of any such sale may be credited to the unconditional gift account of the Department of State, and items obtained in trade shall be the property of the Secretary of State under this subsection.
Smithsonian Institution
“Reception areas” defined
Source
(Aug. 1, 1956, ch. 841, title I, § 41, as added Pub. L. 100–204, title I, § 126(a)(2),Notes
Editorial Notes
Codification
Prior Provisions
Amendments
Statutory Notes and Related Subsidiaries
Diplomatic Reception Areas
Defined Term.—
In this section, the term ‘reception areas’ has the meaning given such term in section 41(c) of the State Department Basic Authorities Act of 1956 (22 U.S.C. 2713(c)).
In General.—
The Secretary [of State] may sell goods and services at fair market value and use the proceeds of such sales for administration and related support of the reception areas.
Amounts Collected.—
Amounts collected pursuant to the authority provided under subsection (b) may be deposited into an account in the Treasury, to remain available until expended.”