25 CFR 700.161 - Substitute personal property—nonresidential moves.
§ 700.161
Substitute personal property—nonresidential moves.
(a) General.
If an item of personal property, which is used as part of a business, farm operation or nonprofit organization, is not moved but is promptly replaced with a comparable substitute item at the replacement site, the displaced person is entitled to payment of the lesser of—
(1)
The cost of the substitute item, including installation cost at the replacement site, minus any proceeds from the sale or trade-in of the replaced item, if any; or
Title 25 published on 2011-04-01
no entries appear in the Federal Register after this date.
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