May we retain the reimbursement from transfers of unclaimed personal property?

  1. Law
  2. CFR 41
  3. Public Contracts and Property Management
  4. Federal Property Management Regulations System
  5. Federal Management Regulation
  6. Personal Property
  7. Disposition of Seized, Forfeited, Voluntarily Abandoned, and Unclaimed Personal Property
  8. Unclaimed Personal Property
  9. May we retain the reimbursement from transfers of unclaimed personal property?

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§ 102-41.160 May we retain the reimbursement from transfers of unclaimed personal property?

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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