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 D - Unclaimed Personal Property
  8. 41 CFR § 102-41.160
41 CFR § 102-41.160
May we retain the reimbursement from transfers of unclaimed personal property?
June 9, 2020
CFR

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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§ 102-41.155 Is unclaimed personal property available for transfer to another Federal agency?
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§ 102-41.165 May we require reimbursement for the costs incurred in the transfer of unclaimed personal property?

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