Code of Federal Regulations · Section
§ 102-37.370 — -37.370 Release Of Restrictions On Property Considered For Exchange
41 C.F.R. § 102-37.370
GSA must consent to the exchange of donated property under Federal restrictions or special handling conditions. The donee must have used the donated item for its acquired purpose for a minimum of 6 months prior to being considered for exchange, and it must be demonstrated that the exchange will result in increased utilization value to the donee. As a condition of approval of the exchange, the item being exchanged must have remained in compliance with the terms and conditions of the donation. Otherwise, § 102-37.380 applies. The item acquired by the donee must be:
(a) Made subject to the period of restriction remaining on the item exchanged; and
(b) Of equal or greater value than the item exchanged.
Authorizing Statute
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Donation of personal property through state agencies40 U.S.C. § 549