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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 101-48 - Utilization, Donation, or Disposal of Abandoned and Forfeited Personal Property |
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Subpart 101-48.3 - Disposal of Abandoned and Forfeited Personal Property |
§ 101-48.306-2 - Forfeited or voluntarily abandoned property.
Latest version.
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Proceeds from sale of property which has been forfeited other than by court decree, by court decree, or which has been voluntarily abandoned, shall be deposited in the Treasury of the United States as miscellaneous receipts or in such other agency accounts as provided by law or regulations.