The owner of any imported merchandise in the possession of the Collector of Customs, properly entered or otherwise, remaining in government custody for more than five (5) work days after receipt therein and, except when delay in removal may be caused by some failure on the part of the government, shall be liable for a flat rate storage fee of Fifty Dollars ($50.00) upon
seizure. This flat rate shall remain in place until such time the Director of Customs promulgates a fee schedule for storage, liens, or sale of said merchandise.

(a) The Collector may direct removal at any time when efficient operation of the Customs Warehouse may necessitate such removal. The above rates of storage charges will then become effective on the fifth (5th) day following the order to remove the merchandise concerned. Any storage charges shall constitute a lien against the property for payment of all storage charges before removal. Storage charges shall be paid every ten (10) days, and if not so done and whenever charges against such merchandise shall have accrued in an amount equal to two-thirds (2/3) of the entered value of the merchandise in question, it shall be subject to seizure and sale by the government in the same manner and subject to the same conditions as prescribed in § 73120 of this Article.

(b) Deposits. All monies received by the Treasurer of
Guam in accordance with §§ 73119, 73120, 73121, 73122,
73123 and 73124, as it relates to the sale of merchandise by government auction, shall be deposited in the Customs Fines and Penalties Revolving Fund.

(c) Stores not removed within sixty (60) days after the Collector has directed their removal shall be subject to sale at a public auction in the manner prescribed in § 73120 of this Article.

SOURCE: GC § 47119. Amended by P.L. 35-105:4 (Oct. 30, 2020).