# 15 C.F.R. § 904.505 (2026): Summary sale

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_505

## Section

- **Citation:** 15 C.F.R. § 904.505 (2026)
- **Heading:** Summary sale
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 15 CFR: Commerce and Foreign Trade / Chapter IX: NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE / Part 904: CIVIL PROCEDURES / Subpart F: Seizure and Forfeiture Procedures / § 904.505: § 904.505   Summary sale.

## Text

(a) In view of the perishable nature of fish, any person authorized to enforce a statute administered by NOAA may, as authorized by law, sell or cause to be sold, and any person may purchase, for not less than its domestic fair market value, fish seized under such statute.
(b) Any person purchasing fish subject to this section must deliver the proceeds of the sale to a person authorized to enforce a statute administered by NOAA immediately upon request of such authorized person. Anyone who does not so deliver the proceeds may be subject to penalties under the applicable statute or statutes.
(c) NOAA will serve the Notice of the Summary Sale on the owner or consignee, if known or easily ascertainable, or to any other party that the facts of record indicate has an interest in the seized fish, unless the owner or consignee or other interested party has otherwise been personally notified. Notice will be sent either prior to the sale, or as soon thereafter as practicable.
(d) The proceeds of the sale, after deducting any reasonable costs of the sale, will be subject to any administrative or judicial proceedings in the same manner as the seized fish would have been, including an action in rem for the forfeiture of the proceeds. Pending disposition of such proceedings, the proceeds will, as appropriate, either be deposited in a NOAA suspense account or submitted to the appropriate court.
(e) Seizure and sale of fish is without prejudice to any other remedy or sanction authorized by law.
[71 FR 12448, Mar. 10, 2006, as amended at 87 FR 38942, June 30, 2022]

## Nearby sections

- [15 C.F.R. § 904.500 (2026) § 904.500   Purpose and scope.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_500.md)
- [15 C.F.R. § 904.501 (2026) § 904.501   Notice of seizure.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_501.md)
- [15 C.F.R. § 904.502 (2026) § 904.502   Bonded release of seized property.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_502.md)
- [15 C.F.R. § 904.503 (2026) § 904.503   Appraisement.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_503.md)
- [15 C.F.R. § 904.504 (2026) § 904.504   Administrative forfeiture proceedings.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_504.md)
- [15 C.F.R. § 904.505 (2026) § 904.505   Summary sale.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_505.md)
- [15 C.F.R. § 904.506 (2026) § 904.506   Remission of forfeiture and restoration of proceeds of sale.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_506.md)
- [15 C.F.R. § 904.507 (2026) § 904.507   Recovery of certain storage costs.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_507.md)
- [15 C.F.R. § 904.508 (2026) § 904.508   Voluntary forfeiture by abandonment.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_508.md)
- [15 C.F.R. § 904.509 (2026) § 904.509   Disposal of forfeited property.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_509.md)
- [15 C.F.R. § 904.510 (2026) § 904.510   Return of seized property.](https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_510.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T15_P904_S904_505. Check the current official text before relying on it. Not legal advice.