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 102-42 - Utilization, Donation, and Disposal of Foreign Gifts and Decorations |
Subpart D - Sale or Destruction of Foreign Gifts and Decorations |
§ 102-42.150 - What happens to proceeds from sales?
Latest version.
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§ 102-42.150 What happens to proceeds from sales?
The proceeds from the sale of foreign gifts or decorations must be deposited in the Treasury as miscellaneous receipts, unless otherwise authorized.