---
kind: "range"
citation: "7 U.S.C. §§ 1037–1039"
title: "7"
from: "1037"
to: "1039"
count: 3
release: "119-102"
url: "https://uscodex.org/usc/7/1037..1039"
---

# §1037. Sale of reserved mineral interests; disposition of proceeds


All proceeds from sales made under [sections 1033 to 1039](/usc/7/1033..1039.md) of this title of mineral interests described in [section 1033 of this title](/usc/7/1033.md) shall be covered into the Treasury of the [United States](/usc/7/6402.md?p=8) as miscellaneous receipts, except that the proceeds from sales of mineral interests which were a part of or derived from the assets transferred pursuant to the transfer agreements with [State](/usc/7/1359aa.md?p=5) [rural](/usc/7/1991.md?p=a-13-B) rehabilitation [corporations](/usc/7/1502.md?p=b-5) shall be credited to the appropriate [corporation](/usc/7/1502.md?p=b-5) account.


# §1038. Regulations; delegations of authority


The Secretary may make such rules and regulations and such delegations of [authority](/usc/7/2009aa.md?p=1) as he may deem necessary to carry out the provisions of [sections 1033 to 1039](/usc/7/1033..1039.md) of this title.


# §1039. Time for filing purchase applications


No application for the purchase of mineral interests under [sections 1033 to 1039](/usc/7/1033..1039.md) of this title shall be filed until ninety days after September 6, 1950.