1056

If the Director determines that any property seized is liable to perish or become greatly reduced in price or value by keeping, or that such property cannot be kept without great expense, he shall appraise the value of such property and—\n(1) Return to owner. If the owner of the property can be readily found, the Director shall give him notice of such determination of the appraised value of the property and the property shall be returned to the owner if, within such time as may be specified in the notice, the owner—\n(A) pays to the Director an amount equal to the appraised value; or\n(B) gives bond in such form, with such sureties, and in such amount as the Director shall prescribe, to pay the appraised amount at such time as the Director determines to be appropriate in the circumstances; or\n(2) Immediate sale. If the owner does not pay such amount or furnish such bond in accordance with this section, the Director shall as soon as practicable make public sale of the property in accordance with such regulations as may be prescribed by the Director.