The New York Board of Regents is establishing "a small ad hoc committee of leaders of museums" to help produce a set of deaccessioning regulations "compatible with the accepted ethical and legal standards of the national accrediting organizations."
Those accepted ethical standards were summarized here by the NYT -- under "the code of ethics of the American Association of Museums, the proceeds should be 'used only for the acquisition, preservation, protection or care of collections,'" while the "code of the Association of Art Museum Directors is even stricter, specifying that funds should not be used 'for purposes other than acquisitions of works of art for the collection'" -- and, as I've said before, it seems to me the current Board of Regents regulations are already fully "compatible" with those standards. But let's see what the small ad hoc committee comes up with.