Administrative forfeiture definition

Administrative forfeiture meansthe process by which property may be forfeited by the Postal Inspection Service rather than through judicial proceedings. Administrative forfeiture has the same meaning as nonjudicial forfeiture, as that term is used in 18U.S.C. 983.
Sample 1Sample 2
Administrative forfeiture means the process by which property may be for- feited by the Postal Inspection Service rather than through judicial pro- ceedings. Administrative forfeiture has the same meaning as nonjudicial for- feiture, as that term is used in 18U.S.C. 983.
Sample 1Sample 2Sample 3
Administrative forfeiture means the process by which property may beforfeited by a Federal agency rather than through judicial proceedings.
Sample 1

Examples of Administrative forfeiture in a sentence

  • If the seized property may not lawfully be sold in the United States, its domes- tic value will be determined by other reasonable means.§ 904.504 Administrative forfeiture proceedings.

  • Administrative forfeiture is forfeiture by a federal agency without judicial proceedings resulting in a dec- laration of forfeiture; judicial for- feiture is a forfeiture through either a civil or criminal proceeding in a United States District Court resulting in a final judgment and order of forfeiture.(c) Procedures for a forfeiting agency to request forfeiture of Treasury securities.

  • The Chief Postal In- spector is authorized to perform all du- ties and responsibilities necessary on behalf of the Postal Service to enforce 18 U.S.C. 981, 2254, and 21 U.S.C. 881, to delegate all or any part of this author- ity to Deputy Chief Inspectors, Inspec- tors in Charge, and Inspectors of the Postal Inspection Service, and to issue such instructions as may be necessary to carry out this authority.(b) Administrative forfeiture authority.

  • Administrative forfeiture may occur prior to the final judicial disposition of the seized item.

  • Administrative forfeiture of authority and articles of organization.

  • Administrative forfeiture is initiated and carried out by an agency without judicial involvement.

  • Administrative forfeiture is not used for real property or businesses.

  • Administrative forfeiture is forfeiture by a federal agency without judicial proceedings resulting in a declaration of forfeiture; judicial forfeiture is a forfeiture through either a civil or criminal proceeding in a United States District Court resulting in a final judgment and order of forfeiture.(c) Procedures for a forfeiting agencyto request forfeiture of Treasury securities.

  • Administrative forfeiture may not be used for real property, no matter the value.

  • Administrative forfeiture procedure for property with value not exceeding certain threshold (1) When any property the value of which does not exceed Five Thousand Dollars ($ 5,000.00), is seized pursuant to Section 49-15-21 or 59-21-33, Mississippi Code of 1972, the property may be forfeited by the administrative forfeiture procedures provided for in this section.

Related to Administrative forfeiture

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Administrative unit Means an administrative unit established under the Public Sector Act 2009 and includes an administrative unit established while this Enterprise Agreement remains in force;

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Administrative cost means a fee imposed to cover:

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Share Premium Account means the share premium account established in accordance with these Articles and the Companies Act.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Active Account means an individual investment account in the Plan with a balance greater than $0.

  • Administrator/Benchmark Event Date means, in respect of an Administrator/Benchmark Event, the date on which the authorisation, registration, recognition, endorsement, equivalence decision, approval or inclusion in any official register is (i) required under any applicable law or regulation; or

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).

  • Grandfathered Amounts means, if applicable, the amounts that were deferred under the Plan and were earned and vested within the meaning of Section 409A of the Code and regulations thereunder as of December 31, 2004. Grandfathered Amounts shall be subject to the terms designated in the Adoption Agreement.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Administrator/Benchmark Event means, in relation to any Benchmark, the occurrence of a Benchmark Modification or Cessation Event, a Non-Approval Event, a Rejection Event or a Suspension/Withdrawal Event all as determined by the Issuer.

  • Administrative Plans means investment plans offered by the Management Company and approved by the Commission, where such plans allow investors a specific investment strategy in any one or a combination of Schemes managed by the Management Company in accordance with the conditions specified by SECP.

  • Regular account means the account established for each active and inactive member un-

  • Administrative leave means placing an employee on leave pursuant to state law. Nothing in the Title IX regulations precludes a recipient from placing a non-student employee respondent on administrative leave during the pendency of a grievance process, provided that Massachusetts laws are followed.

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Administrative Requirement means any required notice, filing or other similar administrative requirements (other than any requirement for Consent or any Eligibility Requirements) for the Transfer of any Appointment to the applicable Purchaser as set forth in the related Corporate Trust Contract.

  • Administrative Code means the San Francisco Administrative Code.

  • Administrative penalty means a monetary fine imposed by the division for acts or