[Code of Federal Regulations]
[Title 19, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR127.31]

[Page 625]
 
                        TITLE 19--CUSTOMS DUTIES
 
  CHAPTER I--UNITED STATES CUSTOMS SERVICE, DEPARTMENT OF THE TREASURY
 
PART 127--GENERAL ORDER, UNCLAIMED, AND ABANDONED MERCHANDISE--Table of Contents
 
                       Subpart D--Proceeds of Sale
 
Sec. 127.31  Disposition of proceeds.


    From the proceeds of sale of merchandise remaining in public stores 
or in bonded warehouse beyond the time fixed by law, the following 
charges shall be paid in the order named:
    (a) Internal revenue taxes.
    (b) Expenses of advertising and sale.
    (c) Expenses of cartage, storage and labor. When the proceeds are 
insufficient to pay such charges fully, they shall be paid pro rata. 
(For merchandise entered for warehousing, see Sec. 127.32 of this 
subpart.)
    (d) Duties.
    (e) Any other charges due the United States in connection with the 
merchandise.
    (f) Any sum due to satisfy a lien for freight, charges, or 
contributions in general average, of which due notice shall have been 
given in the manner prescribed by law.