Regulations last checked for updates: Feb 11, 2026

Title 26 - Internal Revenue last revised: Jan 15, 2026
§ 403.61 - Sale on open, competitive bids.

If forfeited property is to be sold at public auction to the highest bidder on open, competitive bids, the notice of sale shall so specify, and state the date, hour, and place of such sale.

authority: Sec. 7805, 68A Stat. 917; 26 U.S.C. 7805.
source: T.D. 7433, 41 FR 39312, Sept. 15, 1976, unless otherwise noted.
cite as: 26 CFR 403.61