§ 1301. Charge of property transferred to the Federal Government

• (a) Except as provided in subsection (b), the Administrator of General Services shall have charge of—
  • (1) all land and other property which has been or may be assigned, set off, or conveyed to the Federal Government in payment of debts;
  • (2) all trusts created for the use of the Government in payment of debts due the Government; and
  • (3) the sale and disposal of land—
    • (A) assigned or set off to the Government in payment of debt; or
    • (B) vested in the Government by mortgage or other security for the payment of debts.
• (b) This section does not apply to—
  • (1) real estate which has been or shall be assigned, set off, or conveyed to the Government in payment of debts arising under the Internal Revenue Code of 1986 ( 26 U.S.C. 1 et seq.); or
  • (2) trusts created for the use of the Government in payment of debts arising under the Code and due the Government.