10 USC § 8763 - Useless ordnance material: disposition of proceeds on sale

---
identifier: "/us/usc/t10/s8763"
source: "usc"
legal_status: "official_legal_evidence"
title: "10 USC § 8763 - Useless ordnance material: disposition of proceeds on sale"
title_number: 10
title_name: "ARMED FORCES"
section_number: "8763"
section_name: "Useless ordnance material: disposition of proceeds on sale"
chapter_number: 875
chapter_name: "DISPOSAL OF OBSOLETE OR SURPLUS MATERIAL"
part_number: "IV"
part_name: "GENERAL ADMINISTRATION"
positive_law: true
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Aug. 10, 1956, ch. 1041, 70A Stat. 465, § 7543; renumbered § 8763, Pub. L. 115–232, div. A, title VIII, § 807(d)(8), Aug. 13, 2018, 132 Stat. 1836.)"
---


# § 8763. Useless ordnance material: disposition of proceeds on sale

The net proceeds of sales of useless ordnance material by the Department of the Navy shall be covered into the Treasury.

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**Source Credit**: (Aug. 10, 1956, ch. 1041, 70A Stat. 465, § 7543; renumbered § 8763, Pub. L. 115–232, div. A, title VIII, § 807(d)(8), Aug. 13, 2018, 132 Stat. 1836.)

| Revised section | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 7543 | 50 U.S.C. 74. | Jan. 22, 1923, ch. 28, 42 Stat. 1142 (last 24 words of 5th par.). |

The words “as miscellaneous receipts” are omitted as surplusage.

## Editorial Notes

### Amendments

2018— renumbered  as this section.

## Statutory Notes and Related Subsidiaries

### Effective Date of 2018 Amendment

Amendment by  effective , with provision for the coordination of amendments and special rule for certain redesignations, see , set out as a note preceding .