
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC7326]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                Subtitle F--Procedure and Administration
 
           CHAPTER 75--CRIMES, OTHER OFFENSES, AND FORFEITURES
 
                        Subchapter C--Forfeitures
 
                PART II--PROVISIONS COMMON TO FORFEITURES
 
Sec. 7326. Disposal of forfeited or abandoned property in 
        special cases
        

(a) Coin-operated gaming devices

    Any coin-operated gaming device as defined in section 4462 \1\ upon 
which a tax is imposed by section 4461 \1\ and which has been forfeited 
under any provision of this title shall be destroyed, or otherwise 
disposed of, in such manner as may be prescribed by the Secretary.
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    \1\ See References in Text note below.
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(b) Firearms

            For provisions relating to disposal of forfeited firearms, 
        see section 5872(b).

(Aug. 16, 1954, ch. 736, 68A Stat. 871; Pub. L. 85-859, title II, 
Sec. 204(13), Sept. 2, 1958, 72 Stat. 1429; Pub. L. 89-44, title VI, 
Sec. 601(j), June 21, 1965, 79 Stat. 155; Pub. L. 91-513, title III, 
Sec. 1102(f), Oct. 27, 1970, 84 Stat. 1292; Pub. L. 94-455, title XIX, 
Secs. 1906(a)(43), (b)(13)(A), Oct. 4, 1976, 90 Stat. 1830, 1834.)

                       References in Text

    Sections 4461 and 4462, referred to in subsec. (a), were repealed by 
Pub. L. 95-600, title V, Sec. 521(b), Nov. 6, 1978, 92 Stat. 2884.


                               Amendments

    1976--Subsec. (a). Pub. L. 94-455, Sec. 1906(b)(13)(A), struck out 
``or his delegate'' after ``Secretary''.
    Subsecs. (b), (c). Pub. L. 94-455, Sec. 1906(a)(43), redesignated 
subsec. (c) as (b) and in subsec. (b) as so redesignated substituted 
``section 5872(b)'' for ``section 5862(b)''. Former subsec. (b), 
relating to narcotic drugs, was repealed. See 1970 Amendment note below.
    1970--Subsec. (b). Pub. L. 91-513 struck out subsec. (b) which 
related to narcotic drugs and which made reference to sections 4714, 
4733, and 4745(d) of this title.
    1965--Subsec. (a). Pub. L. 89-44 substituted ``section 4462'' for 
``section 4462(a)(2)''.
    1958--Subsec. (a). Pub. L. 85-859 added subsec. (a).
    Subsecs. (b), (c). Pub. L. 85-859 redesignated former pars. (1) and 
(2) as subsecs. (b) and (c), respectively.


                    Effective Date of 1976 Amendment

    Amendment by Pub. L. 94-455 effective on first day of first month 
which begins more than 90 days after Oct. 4, 1976, see section 
1906(d)(1) of Pub. L. 94-455, set out as a note under section 6013 of 
this title.


                    Effective Date of 1970 Amendment

    Amendment by Pub. L. 91-513 effective first day of seventh calendar 
month that begins after Oct. 26, 1970, see section 1105(a) of Pub. L. 
91-513, set out as an Effective Date note under section 951 of Title 21, 
Food and Drugs.


                    Effective Date of 1965 Amendment

    Amendment by Pub. L. 89-44 to take effect in a manner consistent 
with effective date of change of tax provision to which related, see 
section 701(e) of Pub. L. 89-44, set out as a note under section 6103 of 
this title.


                    Effective Date of 1958 Amendment

    Amendment by Pub. L. 85-859 effective Sept. 3, 1958, see section 
210(a)(1) of Pub. L. 85-859, set out as an Effective Date note under 
section 5001 of this title.


                            Savings Provision

    Prosecutions for any violation of law occurring, and civil seizures 
or forfeitures and injunctive proceedings commenced, prior to the 
effective date of amendment of this section by section 1102 of Pub. L. 
91-513 not to be affected or abated by reason thereof, see section 1103 
of Pub. L. 91-513, set out as note under sections 171 to 174 of Title 
21, Food and Drugs.
