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OI 274.12 Judicial forfeiture.
If the appraised value is greater than $10,000 or a claim and bond have been timely and properly received in the case of a conveyance with an appraised value not exceeding $10,000, the conveyance shall be processed as provided for in
8 CFR 274.12
. If the Regional Commissioner determines that a conveyance in judicial forfeiture proceedings is not to be forfeited, action shall be taken as provided in O.I. 274.5(c). A petition filed while a conveyance is under judicial proceedings will be handled pursuant to
8 CFR 274.19