Code of Federal Regulations · Section
§ 127.21 — Time Of Sale
19 C.F.R. § 127.21
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All unclaimed and abandoned merchandise will be sold at the first regular sale held after the merchandise becomes subject to sale, unless a deferment of its sale is authorized by the port director. Regular sales shall be made once every year or more often at the discretion of the port director.
Authorizing Statute
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Rules and forms prescribed by Secretary19 U.S.C. § 66
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Entry into customs territory of the United States15 U.S.C. § 2612
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Disposition and release of seized property26 U.S.C. § 5688
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Bonded warehouses19 U.S.C. § 1555
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Disposition of articles entered for fairs19 U.S.C. § 1753