[Code of Federal Regulations] [Title 26, Volume 18] [Revised as of April 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 26CFR403.1] [Page 774] TITLE 26--INTERNAL REVENUE CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) PART 403_DISPOSITION OF SEIZED PERSONAL PROPERTY--Table of Contents Subpart A_Scope of Regulations Sec. 403.1 Personal property seized by the Internal Revenue Service. Subpart A_Scope of Regulations Sec. 403.1 Personal property seized by the Internal Revenue Service. 403.2 Personal property seized by the Bureau of Alcohol, Tobacco and Firearms. 403.3 Forms prescribed. Subpart B_Definitions 403.5 Meaning of terms. Subpart C_Seizures and Forfeitures 403.25 Personal property subject to seizure. 403.26 Forfeiture of seized personal property. 403.27 Type and conditions of cost bond. 403.28 Corporate surety bonds. 403.29 Deposit of collateral. 403.30 Special disposition of perishable goods. Subpart D_Remission or Mitigation of Forfeitures 403.35 Laws applicable. 403.36 Interest claimed. 403.37 Form of the petition. 403.38 Contents of the petition. 403.39 Time of filing petition. 403.40 Place of filing. 403.41 Discontinuance of administrative proceedings. 403.42 Return of defective petition. 403.43 Final action. 403.44 Acquisition for official use and sale for account of petitioner in the case of an allowed petition. 403.45 Re-appraisal of property involved in an allowed petition. Subpart E_Appraiser's Fees 403.50 Rate of compensation. Subpart F_Administrative Sale of Personal Property 403.55 Alternative methods of sale. 403.56 All bids on unit basis. 403.57 Conditions of sale. 403.58 Acceptable forms of payment. 403.59 [Reserved] 403.60 Purchaser entitled to bill of sale. 403.61 Sale on open, competitive bids. 403.62 Sale on sealed, competitive bids. Subpart G_Disposal of Forfeited Coin-Operated Gaming Devices 403.65 Authority for destruction. Authority: Sec. 7805, 68A Stat. 917; 26 U.S.C. 7805. Source: T.D. 7433, 41 FR 39312, Sept. 15, 1976, unless otherwise noted. Regulations in this part relate to personal property seized by officers of the Internal Revenue Service as subject to forefeiture as being involved, used, or intended to be used, as the case may be in any violation of the internal revenue laws other than chapters 51 (distilled spirits), 52 (tobacco) and 53 (firearms), of the Internal Revenue Code of 1954 (I.R.C.). (Sec. 7325, 68A Stat. 870, as amended (26 U.S.C. 7325, (1), (4)); sec. 7326, 72 Stat. 1429, as amended (26 U.S.C. 7326 (a))) [T.D. 7433, 41 FR 39312, Sept. 15, 1976, as amended by T.D. 7525, 42 FR 64344. Dec. 23, 1977]