§ 8504. Disposition of other unclaimed property

Statutory text

Any other unclaimed property found on the premises under the control of the Department shall be stored by the officer in charge of such premises and may be sold, used, destroyed, or otherwise disposed of in accordance with regulations promulgated by the Secretary if the owner thereof fails to claim same within ninety days. If undisposed of, the same may be reclaimed by the owner, such person’s personal representative or next of kin, upon payment of reasonable storage charges prescribed by regulations. If sold, the net proceeds thereof shall be credited to said post fund to be expended as other assets of such fund. The person who was entitled to such property, or such person’s legal representative, or assignee, shall be paid the proceeds of sale thereof, less expenses if claim therefor be made within five years from the date of finding. If the owner shall have died intestate without creditors or next of kin surviving, such proceeds shall not be paid to such person’s legal representative.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1958
Pub. L. 85–857 · 72 Stat. 1105
Enacted · 38 U.S.C. § 8504
Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1258, § 5204
Source evidence
Code source credit
Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1258, § 5204
1986
Pub. L. 99–576 title VII § 701(96) · 100 Stat. 3248
Substituted · 38 U.S.C. § 8504
Pub. L. 99–576 substituted “such person’s” for “his” in three places
Source evidence
Code amendment note
Pub. L. 99–576 substituted “such person’s” for “his” in three places.
Enacted provision · exact public law section
(96) Section 5204 is amended by striking out “his” each place it appears and inserting in lieu thereof “such person’s”.
1991
Department of Veterans Affairs Health-Care Personnel Act of 1991
Pub. L. 102–40 title IV § 402(b)(1) · 105 Stat. 187
Changed · 38 U.S.C. § 8504
Pub. L. 102–40 renumbered section 5204 of this title as this section
Source evidence
Code amendment note
Pub. L. 102–40 renumbered section 5204 of this title as this section.
Enacted provision · exact public law section
(1) Each section contained in any of chapters 51, 53, 55, 57, 59, 61, 71, 72, 76, 78 (as redesignated by subsection (a)), 81, 83, and 85 is redesignated so that the first two digits of the section number of that section are the same as the chapter number of the chapter containing that section.
1991
Pub. L. 102–83 § 4(a)(3) · 105 Stat. 378
1. Substituted · 38 U.S.C. § 8504
  Pub. L. 102–83 substituted “Secretary” for “Administrator”
2. Substituted · 38 U.S.C. § 8504
  Pub. L. 102–83 substituted “Department” for “Veterans’ Administration”
Target inherited from the preceding amendment note.
Source evidence
Code amendment note
Pub. L. 102–83 substituted “Secretary” for “Administrator” and “Department” for “Veterans’ Administration”.
Enacted provision · exact public law section
(3) Such title is further amended by striking out “Veterans’ Administration” each place it appears (other than as amended under paragraphs (1) and (2) and as specified in paragraph (4)) and inserting in lieu thereof “Department”.

4 of 5 references resolved to an enrolled provision · 1 partial

Editorial Notes

Amendments1986–1991 · 2 rounds

1991

Pub. L. 102–40 renumbered section 5204 of this title as this section.

Pub. L. 102–83 substituted “Secretary” for “Administrator” and “Department” for “Veterans’ Administration”.

1986

Pub. L. 99–576 substituted “such person’s” for “his” in three places.

Credits

1958–1991 · 4 acts

1958Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1258, § 5204
1986Pub. L. 99–576, title VII, § 701(96), Oct. 28, 1986, 100 Stat. 3300
1991renumbered § 8504, Pub. L. 102–40, title IV, § 402(b)(1), May 7, 1991, 105 Stat. 238
1991Pub. L. 102–83, § 4(a)(3), (4), (b)(1), (2)(E), Aug. 6, 1991, 105 Stat. 404, 405.

Show as published

(Pub. L. 85–857, Sept. 2, 1958, 72 Stat. 1258, § 5204; Pub. L. 99–576, title VII, § 701(96), Oct. 28, 1986, 100 Stat. 3300; renumbered § 8504, Pub. L. 102–40, title IV, § 402(b)(1), May 7, 1991, 105 Stat. 238; Pub. L. 102–83, § 4(a)(3), (4), (b)(1), (2)(E), Aug. 6, 1991, 105 Stat. 404, 405.)