Code of Federal Regulations · Section
§ 102-42.45 — -42.45 Appraisal Responsibilities
41 C.F.R. § 102-42.45
View:
The employing agency is responsible for establishing its own procedure for obtaining an appraisal that accurately reflects the gift's value within the United States. This requirement applies to all gifts, including those the recipient wishes to retain and/or purchase, and also includes personalized items (e.g., books signed by the author, gifts with personal labels).
Authorizing Statute
-
Administrative40 U.S.C. § 121
-
Receipt and disposition of foreign gifts and decorations5 U.S.C. § 7342