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

---
identifier: "/us/cfr/t12/s264b.8"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 264b.8 - Disposition or retention of gifts and decorations deposited with the Office of the Secretary."
title_number: 12
title_name: "Banks and Banking"
section_number: "264b.8"
section_name: "Disposition or retention of gifts and decorations deposited with the Office of the Secretary."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "264b"
part_name: "RULES REGARDING FOREIGN GIFTS AND DECORATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 552, 7342; 12 U.S.C. 248(i)."
regulatory_source: "68 FR 68721, Dec. 10, 2003, unless otherwise noted."
cfr_part: "264b"
---


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

(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.