[Code of Federal Regulations]

[Title 8, Volume 1]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 8CFR274.7]



[Page 635]

 

                     TITLE 8--ALIENS AND NATIONALITY

 

               CHAPTER I--DEPARTMENT OF HOMELAND SECURITY

 

PART 274_SEIZURE AND FORFEITURE OF CONVEYANCES--Table of Contents

 

Sec. 274.7  Appraisal.



    The regional commissioner shall determine the appraised value of a 

seized conveyance by consulting accepted reference guides to conveyance 

values or experts in conveyance values. If there is no market for a 

conveyance at the place of seizure, the value of the conveyance in the 

principal market nearest the place of seizure shall be considered.