41 C.F.R. · Public Contracts and Property Management
41 C.F.R. § 102.38.45

What are an executive agency's responsibilities in selling personal property?

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41 C.F.R. § 102.38.45 — What are an executive agency's responsibilities in selling personal property?

§ 102–38.45 What are an executive agency's responsibilities in selling personal property? An executive agency's responsibilities in selling personal property are to— (a) Ensure the sale complies with the provisions of Title 40 of the U.S. Code, the regulations of this part, and any other applicable laws; (b) Issue internal guidance to promote uniformity of sales procedures; (c) Assure that officials designated to conduct and finalize sales are adequately trained; (d) Be accountable for the care and handling of the personal property prior to its removal by the buyer; and (e) Adjust your property and financial records to reflect the final disposition. [68 FR 51421, Aug. 26, 2003, as amended at 73 FR 20803, Apr. 17, 2008]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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41 C.F.R. § 102.38.45
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