15 C.F.R. · Commerce and Foreign Trade
15 C.F.R. § 904.510

Return of seized property.

Title 15 C.F.R. ● ACTIVE Primary Source
Regulatory Text

15 C.F.R. § 904.510 — Return of seized property.

§ 904.510 Return of seized property. (a) Return. In cases where NOAA, in its sole discretion, determines that forfeiture of seized property would not be in the best interest of the U.S. Government, NOAA will make a reasonable attempt to determine the party that the facts of record indicate has a predominant ownership interest in the seized property and, provided such a determination can be made, will arrange for return of the seized property to that party by appropriate means. (b) Notice. NOAA will serve a Notice of the Return of property as provided by § 904.3, to the owner, consignee, or other party the facts of record indicate has an interest in the seized property. The Notice will describe the seized property, state the time, place, and reason for the seizure and return, and will identify the owner or consignee, and if appropriate, the bailee of the seized property. The Notice of the return also will state that the party to whom the property is being returned is responsible for any distribution of the property to any party who holds a valid claim, right, title or interest in receiving the property, in whole or in part. The Notice also will provide that on presentation of the Notice and proper identification, and the signing of a receipt provided by NOAA, the seized property is authorized to be released.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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BS-CFR15-SEC-3CF6A5
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REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
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15 C.F.R. § 904.510
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The regulatory text of 15 C.F.R. § 904.510 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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