[Code of Federal Regulations]
[Title 38, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 38CFR12.22]

[Page 558]
 
            TITLE 38--PENSIONS, BONUSES, AND VETERANS' RELIEF
 
                CHAPTER I--DEPARTMENT OF VETERANS AFFAIRS
 
PART 12_DISPOSITION OF VETERAN'S PERSONAL FUNDS AND 
 
Sec. 12.22  Disposition of personal property.

    Any assets heretofore or hereafter accruing to the benefit of the 
General Post Fund, including stocks, bonds, checks, bank deposits, 
savings certificates, money orders, and similar assets, will be sold or 
otherwise converted into cash, except that articles of personal 
adornment which are obviously of sentimental value shall, if unclaimed, 
be retained for 5 years from the date of death of the veteran, unless 
for sanitary or other reasons their retention is deemed unsafe. 
Possession of effects other than those located on the premises of the 
Department of Veterans Affairs will be obtained, except that if 
transportation, storage, etc., is involved, determination will be made 
as to whether expenditure therefor is warranted. Proceeds from the 
conversion or sale will be deposited to the credit of the General Post 
Fund. Funds on deposit in Personal Funds of Patients will be transferred 
to the General Post Fund. Any claims against the estate of the deceased 
veteran will be adjudicated and paid, if valid.

[33 FR 1073, Jan. 27, 1968]