1. LawStack
  2. Title 41 - Public Contracts and Property Management
  3. Subtitle C - FEDERAL PROPERTY MANAGEMENT REGULATIONS SYSTEM
  4. Chapter 102 - FEDERAL MANAGEMENT REGULATION
  5. Subchapter B - PERSONAL PROPERTY
  6. Part 102-41 - DISPOSITION OF SEIZED, FORFEITED, VOLUNTARILY ABANDONED, AND UNCLAIMED PERSONAL PROPERTY
  7. Subpart C - Voluntarily Abandoned Personal Property
  8. 41 CFR § 102-41.115
41 CFR § 102-41.115
May we retain the proceeds received from the sale of voluntarily abandoned personal property?
June 9, 2020
CFR

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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§ 102-41.95 Where do we send the reports for voluntarily abandoned personal property?

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