Colorado statute
C.R.S. § 16-13-306.5 — Limitations on receipt of forfeiture payments from federal agencies.
Current through 2025 Regular Session
Part of Part 3: ABATEMENT OF PUBLIC NUISANCE, Colorado Revised Statutes.
Full text of C.R.S. § 16-13-306.5
Statutory text current through the 2025 Regular Session. This is an officially sanctioned publication using the official text of the Colorado Revised Statutes; it is not the official statutes of the State of Colorado.
(1) A seizing agency or participant in any joint task force or other multijurisdictional collaboration shall accept payment or distribution from a federal agency of all or a portion of any forfeiture proceeds resulting from adoption or a joint task force or other multijurisdictional collaboration only if the aggregate net equity value of the property and currency seized in a case is in excess of fifty thousand dollars and a forfeiture proceeding is commenced by the federal government and relates to a filed criminal case. (2) Subsection (1) of this section shall not be construed to restrict seizing agencies from collaborating with a federal agency to seize property that the seizing agency has probable cause to believe is the proceeds or instruments of a crime through an intergovernmental joint task force.
Official sources
Legal terms used in this section
This reference is informational and is not legal advice.