Examples of Seized property in a sentence
Seized property can include monetary instruments, real property, and tangible personal property of others in the actual or constructive possession of the custodial agency.
Seized property shall be appraised as required by section 606, Tariff Act of 1930, as amended (19U.S.C. 1606).
Seized property which is perishable or otherwise enumerated in section 612, Tariff Act of 1930, as amended (19U.S.C. 1612), and is covered by the pro- visions of section 607, Tariff Act of 1930, as amended (19 U.S.C. 1607), shall be ad- vertised for sale and sold at public auc- tion at the earliest possible date.
Seized property should be recorded at its fair market value or some other reasonable estimate, with an offsetting liability until a determination about its disposition has been made.
Seized property that the owner does not attempt to reclaim within 180 days after a) a final order is issued or b) deadline of appeal has passed, shall be considered unclaimed and abandoned property.