§ 507. — Disposition of effects of decedents.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 14USC507]
TITLE 14--COAST GUARD
PART I--REGULAR COAST GUARD
CHAPTER 13--PAY, ALLOWANCES, AWARDS, AND OTHER RIGHTS AND BENEFITS
Sec. 507. Disposition of effects of decedents
All moneys, articles of value, papers, keepsakes, and other similar
effects belonging to the deceased persons in the Coast Guard, not
claimed by their legal heirs or next of kin, shall be deposited in safe
custody, and if any such moneys, articles of value, papers, keepsakes,
or other similar effects so deposited have been, or shall hereafter be,
unclaimed for a period of two years from the date of the death of such
person, such articles and effects shall be sold and the proceeds
thereof, together with the moneys above mentioned, shall be deposited in
the Treasury as miscellaneous receipts. The Secretary shall make
diligent inquiry in every instance after the death of such person to
ascertain the whereabouts of his heirs or next of kin, and prescribe
necessary regulations to carry out the foregoing provisions. Claims may
be presented hereunder at any time within five years after such moneys
or proceeds have been so deposited in the Treasury, and, when supported
by competent proof in any case after such deposit in the Treasury, shall
be certified to Congress for consideration.
(Aug. 4, 1949, ch. 393, 63 Stat. 538.)
Historical and Revision Notes
Derived from title 34, U.S.C., 1946 ed., Sec. 942 (Mar. 29, 1918,
ch. 31, 40 Stat. 499).
Said section provided for the disposition of effects of deceased
naval personnel. It is believed similar provisions should be made for
Coast Guard personnel.
Said section would in no way be affected. 81st Congress, House
Report No. 557.
Section Referred to in Other Sections
This section is referred to in title 5 section 5564; title 37
section 554.
