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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 41 - Public Contracts and Property Management |
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Subtitle C - Federal Property Management Regulations System |
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Chapter 101 - Federal Property Management Regulations |
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SubChapter H - Utilization and Disposal |
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Part 101-45 - Sale, Abandonment, or Destruction of Personal Property |
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Subpart 101-45.3 - Sale of Personal Property |
§ 101-45.304-9 - Credit.
Latest version.
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Except as authorized in § 101-45.304-12, personal property shall not be offered for sale or sold on credit without the prior approval of the Administrator of General Services or his designee. When approved, the terms and conditions of sale shall specifically provide therefor.