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Code · CFR · Title 12 — Banks and Banking · Part 264b — Rules Regarding Foreign Gifts and Decorations · § 264b.8

§ 264b.8. Disposition or retention of gifts and decorations deposited with the Office of the Secretary.

94 words·~1 min read·/us/cfr/t12/s§ 264b.8·

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(a)The Office of the Secretary may dispose of gifts and decorations deposited under §§ 264b.6(a) and 264b.7(b) by returning them to the donors or by handling them in accordance with instructions from the General Services Administration under applicable law.
(b)The Office of the Secretary may approve and retain gifts and decorations deposited under §§ 264b.6(a) and 264b.7(b) for official use. The Office of the Secretary must dispose of a gift within 30 days of the termination of its official use in accordance with instructions from the General Services Administration under applicable law.
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