102 STAT. 1954
PUBLIC LAW 100-456—SEPT. 29, 1988
SEC. 324. TRANSFERS AND EXCHANGES OF CERTAIN DOCUMENTS, HISTORICAL ARTIFACTS, AND CONDEMNED AND OBSOLETE COMBAT MATERIEL
(a) AUTHORITY.—Section 2572 of title 10, United States Code, is amended to read as follows:
- '§ 2572. Documents, historical artifacts, and condemned or obsolete combat materiel: loan, gift, or exchange
"(a) The Secretary concerned may lend or give items described in subsection (c) that are not needed by the military department concerned (or by the Coast Guard, in the case of the Secretary of Transportation), to any of the following: "(1) A municipal corporation. "(2) A soldiers' monument association. "(3) A museum, historical society, or historical institution of a State or a foreign nation. "(4) An incorporated museum that is operated and maintained for educational purposes only and the charter of which denies it the right to operate for profit. "(5) A post of the Veterans of Foreign Wars of the United States or of the American Legion or a unit of any other recognized war veterans' association. "(6) A local or national unit of any war veterans' association of a foreign nation which is recognized by the national government of that nation (or by the government of one of the principal political subdivisions of that nation). "(7) A post of the Sons of Veterans Reserve. "(b)(1) Subject to paragraph (2), the Secretary concerned may exchange items described in subsection (c) that are not needed by the armed forces for similar items held by any individual, organization, institution, gigency, or nation. "(2) The Secretary concerned may not make an exchange under paragraph (1) unless the monetary value of property transferred to the United States under the exchsmge is not less than the value of the property transferred by the United States. The Secretary concerned may waive the limitation in the preceding sentence in any case in which the Secretary determines that the item to be received by the United States in the exchange will significantly enhance the historical collection of the property administered by the Secretary. "(c) This section applies to the following t3T)es of property held by a military department or the Coast Guard: books, manuscripts, works of art, historical artifacts, drawings, plans, models, and condemned or obsolete combat materiel. "(d)(1) A loan or gift made under this section shall be subject to regulations prescribed by the Secretary concerned and to regulations under section 205 of the Federal Property and Administrative Services Act of 1949 (40 U.S.C. 486). "(2) The United States may not incur any expense in connection with a loan or gift under subsection (a).". (b) CLERICAL AMENDMENT.—The item relating to such section in the table of sections at the beginning of chapter 153 of such title is amended to read as follows: "2572. Documents, historical artifacts, and condemned or obsolete combat materiel: loan, gift, or exchange.".