---
kind: "section"
citation: "42 U.S.C. § 2297h–1"
title: "42"
title_heading: "The Public Health and Welfare"
number: "2297h–1"
heading: "Sale of Corporation"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/42/2297h-1"
units:
  - "Chapter 23 — Development and Control of Atomic Energy"
  - "Division B — United States Enrichment Corporation"
  - "Subchapter VIII — United States Enrichment Corporation Privatization"
---

# §2297h–1. Sale of Corporation

- (a) **Authorization—** The Board of [Directors](/usc/42/11851.md?p=5) of the [Corporation](/usc/42/2296b–7.md?p=1), with the approval of the [Secretary](/usc/42/242q–4.md?p=2) of the Treasury, shall transfer the interest of the [United States](/usc/42/2014.md?p=bb) in the [United States](/usc/42/2014.md?p=bb) Enrichment [Corporation](/usc/42/2296b–7.md?p=1) to the private sector in a manner that provides for the long-term viability of the [Corporation](/usc/42/2296b–7.md?p=1), provides for the continuation by the [Corporation](/usc/42/2296b–7.md?p=1) of the operation of the Department of Energy’s [gaseous diffusion plants](/usc/42/2297h.md?p=3), provides for the protection of the public interest in maintaining a reliable and economical domestic source of uranium mining, enrichment and conversion services, and, to the extent not inconsistent with such purposes, secures the maximum proceeds to the [United States](/usc/42/2014.md?p=bb).
- (b) **Proceeds—** Proceeds from the sale of the [United States](/usc/42/2014.md?p=bb)’ interest in the [Corporation](/usc/42/2296b–7.md?p=1) shall be deposited in the general fund of the Treasury.

## Source credit

(Pub. L. 104–134, title III, § 3103, Apr. 26, 1996, 110 Stat. 1321–336.)

## Notes

### Editorial Notes

### Codification

Section was enacted as part of the USEC Privatization Act and also as part of the Omnibus Consolidated Rescissions and Appropriations Act of 1996, and not as part of the Atomic Energy Act of 1954 which comprises this chapter.