---
kind: "section"
citation: "5 C.F.R. § 2601.301"
title: "5"
number: "2601.301"
heading: "Accounting of gifts."
url: "https://uscodex.org/cfr/5/2601.301"
---

# §2601.301. Accounting of gifts.

- (a) OGE's Designated Agency Ethics Official (DAEO) will ensure that gifts are properly accounted for by following appropriate internal controls and accounting procedures.
- (b) The DAEO will maintain an inventory of donated personal property valued at over $500. The inventory will be updated each time an item is sold, excessed, destroyed or otherwise disposed of or discarded.
- (c) The DAEO will maintain a log of all gifts valued at over $500 accepted pursuant to this part. The log will include, to the extent known:
  - (1) The name and address of the donor;
  - (2) A description of the gift; and
  - (3) **The date the gift is accepted.**

## Notes

### Amendments

[68 FR 60594, Oct. 22, 2003, as amended at 80 FR 57073, Sept. 22, 2015]

### Authority

Authority: 5 U.S.C. App. (Ethics in Government Act of 1978).

### Source

Source: 68 FR 60594, Oct. 22, 2003, unless otherwise noted.

### Amendments

[68 FR 60594, Oct. 22, 2003, as amended at 80 FR 57073, Sept. 22, 2015]