---
kind: "section"
citation: "50 C.F.R. § 12.62"
title: "50"
number: "12.62"
heading: "How does the Service keep track of forfeited or abandoned property?"
url: "https://uscodex.org/cfr/50/12.62"
---

# §12.62. How does the Service keep track of forfeited or abandoned property?


The Service must account in official records for all property forfeited or abandoned under this subpart. These records must include the following information:

- (a) A description of the property;
- (b) The date and place of the seizure of the property, and, if appropriate, the seizure tag number, and the date of forfeiture or abandonment of the property;
- (c) The investigative case file number associated with the property;
- (d) The name of any person known to have or to have had an interest in the property;
- (e) The date, place, and manner of the disposal of the property;
- (f) The name of the official responsible for the disposal of the property; and
- (g) **The value of the property.**

## Notes

### Authority

Authority: 16 U.S.C. 470aa et seq., 470aaa et seq., 668 et seq., 668dd et seq., 703 et seq., 718a et seq., 742j-l, 1361 et seq., 1531 et seq., 2401 et seq., 3371 et seq., 4201 et seq., and 5301 et seq.; 18 U.S.C. 42 and 981 et seq.; 19 U.S.C. 1602-1624; 28 U.S.C. 2465; 42 U.S.C. 1996; and E.O. 13751, 81 FR 88609, amending E.O. 13112, 64 FR 6183.

### Source

Source: 88 FR 47818, July 25, 2023, unless otherwise noted.
