Any merchandise of which possession has been taken by the Collector for sixty (60) days from the date of importation without entry thereof having been made and the charges thereon paid, shall be considered unclaimed and abandoned to the government and shall be sold by the Director of Administration at public auction by order of the Governor after five (5) days public notice conspicuously posted or published. The proceeds of such sale shall be kept for thirty (30) days subject to the demand of the importer, after the deduction of all expenses of storage and sale. Where the proceeds of any sale of goods at auction are insufficient to pay the full charges, the consignee shall be liable for such charges, unless it be shown that the consignment was made without the consignee’s consent. Perishable goods not duly entered within a proper time after importation will be sold without regard to the time limits specified above and in time to prevent loss by deterioration.

All seized and confiscated merchandise and goods which cannot be identified as the property of any particular importer, will be sold at public auction, by order of the Governor, five (5) days after public notice has been conspicuously posted.

SOURCE: GC § 47118. Finance changed to Administration by Compiler pursuant to P.L. 9-239 (8/13/68).