[Code of Federal Regulations]
[Title 19, Volume 2]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR162.49]

[Page 252]
 
                        TITLE 19--CUSTOMS DUTIES
 
  CHAPTER I--UNITED STATES CUSTOMS SERVICE, DEPARTMENT OF THE TREASURY
 
PART 162--INSPECTION, SEARCH, AND SEIZURE--Table of Contents
 
               Subpart E--Treatment of Seized Merchandise
 
Sec. 162.49  Forfeiture by court decree.

    (a) Report to the U.S. attorney or the Department of Justice if the 
penalty was assessed under section 592, Tariff Act of 1930, as amended 
(19 U.S.C. 1592). When it is necessary to institute legal proceedings in 
order to forfeit seized property, or to forfeit the value of property 
subject to forfeiture, the Fines, Penalties, and Forfeitures Officer or 
the special agent in charge of the area involved shall furnish a report 
to the U.S. attorney or the Department of Justice if the penalty was 
assessed under section 592, Tariff Act of 1930, as amended (19 U.S.C. 
1592), in accordance with the provisions of section 603, Tariff Act of 
1930, as amended (19 U.S.C. 1603).
    (b) Bonding of seized property. When a claimant desires to file a 
bond for the release of seized property which is the subject of a court 
proceeding, he shall be referred to the U.S. attorney. The Government is 
entitled to recover the penal sum of the bond if forfeiture is then 
decreed.

[T.D. 72-211, 37 FR 16488, Aug. 15, 1972, as amended by T.D. 85-90, 50 
FR 21431, May 24, 1985; T.D. 99-27, 64 FR 13676, Mar. 22, 1999]