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Section 1353. Federal purchase and disposition of oil and gas Page 1 of 2 Laws: Cases and Codes : U.S. Code : Title 43 : Section 1353 Search z Title 43 United States Code TITLE 43 - PUBLIC LANDS CHAPTER 29 - SUBMERGED LANDS SUBCHAPTER III - OUTER CONTINENTAL SHELF LANDS U.S. Code as of: 01/22/02 Section 1353. Federal purchase and disposition of oil and gas (a) Payment of royalties or net profit shares in oil and gas; purchase of oil and gas by United States; transfer of ti.

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