26 USC 7324 - Special disposition of perishable goods

U.S Code last checked for updates: Nov 23, 2024

§ 7324.

Special disposition of perishable goods

When any property which is seized under the provisions of section 7301 or section 7302 is liable to perish or become greatly reduced in price or value by keeping, or when it cannot be kept without great expense—

(1)

Application for examination

(2)

Appraisal

(3)

Return to owner under bond

(4)

Sale in absence of bond

(A)

Order to sell

(B)

Manner of sale

(C)

Disposition of proceeds

(5)

Form of bond and sureties

(Aug. 16, 1954, ch. 736, 68A Stat. 870; Pub. L. 85–859, title II, § 204(9), Sept. 2, 1958, 72 Stat. 1429; Pub. L. 85–866, title I, § 78, Sept. 2, 1958, 72 Stat. 1662; Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.)

cite as: 26 USC 7324