38 CFR 12.10
§ 12.10 Proceeds of sale.
United States · 38 CFR — Pensions, Bonuses, and Veterans' Relief · Status: effective
Cite this
- Citation
- 38 CFR 12.10, § 12.10 Proceeds of sale, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/164135
- Permanent ID
ys:prov:164135@1- SHA-256
2c1387f95f0a1b87fb9adc5c3c5c3fc38793a8a5e99d119032dca4822e83c058
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
After proper notice as prescribed, sale of any such property which it is proper to sell, will be made by public auction by the manager (or any employee designated by him or her) at the time and place stated in the notice of sale. The property will be sold to the highest bidder (no employee except member employees of the Department of Veterans Affairs shall purchase any of this property) and forthwith delivered and the amount of the bid collected and deposited to the credit of “General Post Fund, Department of Veterans Affairs.” Care will be taken to segregate the property of each owner and separate account will be maintained as to the proceeds of sale thereof. Property not disposed of by public auction will be included in the next sale or will be used or destroyed as the value thereof warrants at the discretion of the manager.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.