Regulations last checked for updates: Jun 15, 2025

Title 15 - Commerce and Foreign Trade last revised: Jan 01, 1900
§ 904.508 - Voluntary forfeiture by abandonment.

(a) The owner of seized property may voluntarily forfeit all right, title, and interest in the property by abandoning it to NOAA. Voluntary forfeiture by abandonment under this section may be accomplished by various means, including, but not limited to: expressly waiving any claim to the property by voluntarily relinquishing any right, title, and interest by written agreement or otherwise; or refusing or otherwise avoiding delivery of returned property; or failing to respond within 90 days of service of any certified or registered notice regarding a return of seized property issued under § 904.510(b).

(b) Property will be declared finally forfeited by abandonment, without recourse, upon a finding of abandonment by NOAA.

authority: 16 U.S.C. 1801
source: 71 FR 12448, Mar. 10, 2006, unless otherwise noted.
cite as: 15 CFR 904.508