If adequate dollars will not be available to make payment in whole at the time the court docket enters an purchase demanding payment, the agency or legal professional shall continue for making payments out of cash readily available in almost any fund described by this subsection until finally the payment is produced in complete.
(e) It's the intention from the legislature that asset forfeiture is remedial in mother nature instead of a sort of punishment. In the event the court docket finds that all or any Portion of the property is matter to forfeiture, the decide shall forfeit the house for the condition, Using the lawyer representing the point out as the agent to the state, except that if the court finds the nonforfeitable fascination of an desire holder during the house is valued in an amount of money better than or considerably equal to the current price of the house, the court docket shall get the property unveiled for the interest holder.
This information is intended to be academic and isn't personalized towards the financial commitment requires of any precise Trader.
A law enforcement company to which assets is transferred below this subsection Anytime might transfer or personal loan the house to almost every other municipal or county company, a groundwater conservation district ruled by Chapter 36, H2o Code, or a faculty district for using that company or district. A municipal or county company, a groundwater conservation district, or a college district to which a law enforcement agency loans a motorcar under this subsection shall retain any vehicle insurance policies protection to the vehicle that is required by regulation.
Artwork. 59.13. DISCLOSURE OF INFORMATION Regarding ACCOUNTS AND ASSETS AT REGULATED Economical Establishment. (a) The legal professional symbolizing the condition may well disclose data to the key condition or federal money institution regulator, together with grand jury data or or else private details, regarding any action contemplated or brought beneath this chapter that will involve home consisting of the depository account within a controlled monetary institution or property held by a regulated economic institution as safety for an obligation owed into a controlled financial institution.
Expenditures are subject for the audit and enforcement provisions proven below this chapter. A commissioners court docket or governing physique of the municipality may not utilize the existence of the award to offset or lower full salaries, costs, and allowances which the agency or maybe the attorney receives through the commissioners court or governing system at or once the time the proceeds are awarded.
If you just take withdrawals from your 401(k), the rest of the account harmony carries on to generally be invested according to present allocations.
(g)(1) All legislation enforcement businesses and attorneys symbolizing the state who receive proceeds or home less than this chapter shall account for that seizure, forfeiture, receipt, and particular expenditure of each of the proceeds and property in an audit, that is being carried out yearly via the commissioners court docket or governing overall body of the municipality, as acceptable. The yearly period of the audit for the regulation enforcement agency will be the fiscal yr of the appropriate county or municipality as well as yearly interval for an attorney representing the state is definitely the state fiscal yr.
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(d) A person during the possession of property at enough time a peace officer seizes the property less than this chapter may at time of seizure assert the individual's fascination in or appropriate for the residence. A peace officer, such as the peace officer who seizes the home, might not request, have to have, or in almost any way induce any person, which include a one who asserts an curiosity in or appropriate on the assets, to execute a doc purporting to waive the individual's desire in or legal rights to house seized less than this chapter.
(B) in the particular person's latest time period of Workplace, the person was a candidate in the primary, common, or runoff election for reelection to that Business office and was not the prevailing prospect in that election; or
(six) make any expenditure not permitted with the commissioners court docket or governing human body on the municipality, as applicable, if The pinnacle of the law enforcement agency or legal professional representing the condition retains an elective Place of work and:
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