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U.S. Code as of:
01/19/04
Section 507. Disposition of effects of decedents
All moneys, articles of value, papers, keepsakes, and other
similar effects belonging to the deceased persons in the Coast
Guard, not claimed by their legal heirs or next of kin, shall be
deposited in safe custody, and if any such moneys, articles of
value, papers, keepsakes, or other similar effects so deposited
have been, or shall hereafter be, unclaimed for a period of two
years from the date of the death of such person, such articles and
effects shall be sold and the proceeds thereof, together with the
moneys above mentioned, shall be deposited in the Treasury as
miscellaneous receipts. The Secretary shall make diligent inquiry
in every instance after the death of such person to ascertain the
whereabouts of his heirs or next of kin, and prescribe necessary
regulations to carry out the foregoing provisions. Claims may be
presented hereunder at any time within five years after such moneys
or proceeds have been so deposited in the Treasury, and, when
supported by competent proof in any case after such deposit in the
Treasury, shall be certified to Congress for consideration.
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