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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 19 - Customs Duties |
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Chapter I - U.S. Customs and Border Protection, Department of Homeland Security; Department of the Treasury |
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Part 127 - General Order, Unclaimed, and Abandoned Merchandise |
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Subpart D - Proceeds of Sale |
§ 127.34 - Auctioneer's commissions.
Latest version.
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§ 127.34 Auctioneer's commissions.
The duties of the auctioneer shall be confined to selling the merchandise and his charge for such service shall in no case exceed the commissions usual at the port. Such commissions shall be based on the amount of the successful bid.