41 C.F.R. § 102-41.160   May we retain the reimbursement from transfers of unclaimed 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 D—Unclaimed Personal Property

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§ 102-41.160   May we retain the reimbursement from transfers of unclaimed personal property?

No, you must deposit the reimbursement from transfers of unclaimed personal property in a special account for a period of 3 years pending a claim from the former owner. After 3 years, you must deposit these funds into miscellaneous receipts of the U.S. Treasury unless your agency has statutory authority to do otherwise.

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