Section 40. Report of proceeds, costs and asset sharing agreements

Once the court has ordered disposition of the forfeited asset(s) pursuant to § 19.2-386.11, the designated seizing agency will file a DCJS Form 999, Seized Property Disposition/Sharing Decision Form, with the department. This form should be accompanied by:

1. Copy of the court order;

2. Petition for in-kind property;

3. List of costs incurred to manage seized assets;

4. Cashier's check or money order in the amount of the net forfeited proceeds (total proceeds minus amount for costs incurred that are allowable under § 19.2-386.12 or other costs if approved by the court) made payable to the Treasurer of Virginia.

Historical Notes

Derived from VR240-04-2 § 4, eff. July 29, 1992.

Statutory Authority

§§ 19.2-386.4, 19.2-386.10 and 19.2-386.14 of the Code of Virginia.