[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]