Pub. L. 100-498, sec. 1

RELEASE OF REVERSIONARY INTEREST.

EnactedYear: 1988Length: 304 wordsOfficial source
SECTION 1. RELEASE OF REVERSIONARY INTEREST. (a) Release.— In order to facilitate a land exchange between the Bethel Baptist Church of Henderson, Tennessee, and the State of Tennessee, the Secretary of Agriculture shall release the restriction described in subsection (b) if, in consideration of such release, the State of Tennessee agrees to transfer to the United States a vested future interest, similar to such restriction, in the land identified as “Lands Subject to Future Vested Interest” on the map referred to in subsection (c). (b) Restriction.— The restriction referred to in subsection (a) is a reversionary interest of the United States in the two parcels of land identified as “Lands Divested of Reversionary Interest and Mineral Interests” on the map referred to in subsection (c) that— (1) requires that such land be used for public purposes; and (2) is contained in a deed— (A) granting such land from the United States to the State of Tennessee; (B) dated August 12, 1955; and (C) registered on page 588 of book 48 of the record of deeds for Chester County, Tennessee. (c) Map and Legal Description.— The lands and interests in lands that are subject to this Act are those lands identified as “Lands Divested of Reversionary Interest and Mineral Interests” and “Lands Subject to Future Vested Interest” as generally depicted on a map entitled “Chickasaw State Park Exchange, Chester County, Tennessee”, dated May 27, 1988, numbered page 1 of 3, and filed, together with a legal description of such lands, in the Office of the Chief of the Forest Service, United States Department of Agriculture. Such map and legal description shall have the same force and effect as if included in this Act, except that correction of clerical and typographical errors in such legal description and map may be made by the Secretary of Agriculture.
Pub. L. 100-498, sec. 1: RELEASE OF REVERSIONARY INTEREST. | Justis AI