41 C.F.R. § 102-41.115   May we retain the proceeds received from the sale of voluntarily abandoned personal property?


Title 41 - Public Contracts and Property Management


Title 41: Public Contracts and Property Management
PART 102–41—DISPOSITION OF SEIZED, FORFEITED, VOLUNTARILY ABANDONED, AND UNCLAIMED PERSONAL PROPERTY
Subpart C—Voluntarily Abandoned Personal Property

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§ 102-41.115   May we retain the proceeds received from the sale of voluntarily abandoned personal property?

No, you must deposit the sales proceeds in the U.S. Treasury as miscellaneous receipts unless your agency has specific statutory authority to do otherwise.

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