Page:United States Statutes at Large Volume 79.djvu/170

 130

Description,

PUBLIC LAW 89-40-JUNE 14, 1965

[79 STAT.

3, the Secretary of Agriculture shall be guided by the following policies; (1) He should make every reasonable effort to acquire the property by negotiated purchase. (2) The property should be appraised at its fair market value b j the Secretary of Agriculture before the initiation of negotiations, and the owner or his designated representative should be given an opportunity to accompany the appraiser during an inspection of the property. SEC. 3. The real property authorized to be acquired under authority of this Act is more particularly described as follows: Township 63 north, range 4 west, Boise meridian: Section 18, southeast quarter southeast quarter; section 19, northeast quarter northeast quarter, lot 3 (southeast quarter northeast quarter); section 20, southwest quarter northwest quarter; section 33, lot 1 (northeast quarter northwest quarter), lot 2 (southeast quarter northwest quarter), lot 3 (northeast quarter southeast quarter), lot 6 (southeast quarter southwest quarter), west half southwest quarter northeast quarter, west half northwest quarter southeast quarter, southwest quarter southeast quarter. Township 63 north, range 5 west, Boise meridian: Section 24, northeast quarter northeast quarter, east half northwest quarter northeast quarter, northeast quarter northeast quarter southwest quarter northeast quarter, northwest quarter southeast quarter northeast quarter, lot 2 (northeast quarter southeast quarter northeast quarter), lot 3 (northeast quarter southeast quarter southeast quarter northeast quarter). Approved June 14, 1965. Public Law 89-40

June 14, 1965 [H. R. 7597]

Veterans. Life insurance. 78 Stat. 1096.

Revolving fund, establishment in Treasury.

AN ACT To establish the Veterans Reopened Insurance Fund in the Treasury and to authorize initial capital to operate insurance programs under title 38, United States Code, section 725.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress as^emMed, That, effective May 1, 1965, section 725 of title 38, United States Code, is amended as follows: (1) By placing a period after the word "basis" in clause (8) of subsection (b) and striking all of the remainder of such clause. (2) By substituting a period for the semicolon at the end of clause (7) of subsection (c) and striking all of the remainder of the subsection. (3) By amending subsection (d)(1) to read as follows: " (d)(1) All premiums and collections on insurance issued pursuant to this section and any total disability income provision attached thereto shall be credited to the Veterans Reopened Insurance Fund, a revolving fund established in the Treasury of the United States, and all payments on such insurance and any total disability provision attached thereto shall be made from that fund. For actuarial and accounting purposes, the assets and liabilities (including liabilities for repayment of advances hereinafter authorized, and adjustment of

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