Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 41 - Public Contracts and Property Management |
Subtitle C - Federal Property Management Regulations System |
Chapter 102 - Federal Management Regulation |
SubChapter B - Personal Property |
Part 102-41 - Disposition of Seized, Forfeited, Voluntarily Abandoned, and Unclaimed Personal Property |
Subpart C - Voluntarily Abandoned Personal Property |
§ 102-41.80 - When is personal property voluntarily abandoned?
Latest version.
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§ 102-41.80 When is personal property voluntarily abandoned?
Personal property is voluntarily abandoned when the owner of the property intentionally and voluntarily gives up title to such property and title vests in the Government. The receiving agency ordinarily documents receipt of the property to evidence its voluntary relinquishment. Evidence of the voluntary abandonment may be circumstantial.