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NCJ Number: 119258 Find in a Library
Title: Section 12.04: Department of Justice Assets Forfeiture Fund (From Contemporary Federal Criminal Practice: Volume 2 of The Comprehensive Crime Control Act of 1984, P 632-636, 1988, B. James George, Jr. -- See NCJ-119253)
Author(s): B J George Jr
Date Published: 1988
Page Count: 5
Sponsoring Agency: Prentice Hall Law and Business
Clifton, NJ 07013
Sale Source: Prentice Hall Law and Business
855 Valley Road
Clifton, NJ 07013
United States of America
Type: Legislation/Policy Description
Language: English
Country: United States of America
Annotation: This section details the scope and operation of the Department of Justice Assets Forfeiture Fund, an experimental program created by the Federal Comprehensive Crime Control Act of 1984 (CCCA) to defray the government's costs in obtaining forfeitures.
Abstract: The Assets Forfeiture Fund is composed of the net proceeds of forfeitures under the CCCA that are criminal, civil judicial, or civil administrative in nature. Money in the Fund can be used by the U.S. Department of Justice for four purposes: (1) to meet expenses incurred by the Department in, for example, seizing, maintaining, or selling forfeited property; (2) to provide rewards for information or assistance leading to civil or criminal forfeiture under the Comprehensive Drug Abuse Prevention and Control Act of 1970 or the RICO statute; (3) to pay valid liens and mortgages against forfeited property; and (4) to pay money authorized in connection with remission or mitigation procedures relating to forfeited property. The specifics of the Fund's administration by the United States Marshals Service are discussed, as are procedures for transferring forfeited property to Federal, State, and local agencies. 25 footnotes.
Main Term(s): Forfeiture law
Index Term(s): Crime Control Act of 1984; US Marshals Service
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