(g) If home is seized in a federal checkpoint, the discover of seizure and supposed forfeiture could possibly be submitted in and also the continuing may very well be held in:
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(e) It's the intention with the legislature that asset forfeiture is remedial in nature rather than a type of punishment. In the event the court finds that all or any Element of the residence is matter to forfeiture, the decide shall forfeit the assets into the state, Together with the lawyer symbolizing the point out as the agent for the point out, except that If your courtroom finds the nonforfeitable desire of the curiosity holder while in the house is valued in an quantity increased than or considerably equal to the current price of the home, the courtroom shall buy the home released to your fascination holder.
Produce – Frequently utilized for a good fee of return which can be compensated on dollars current market accounts, bonds or cost savings.
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Examining account – The money which happens to be stored in price savings or maybe a lender for safekeeping. This money can be withdrawn easily by just creating out a Look at or making use of an ATM machine.
Foreclosure – This can be a legal approach where collateral which has been pledged for your personal loan could be offered in an effort to repay the mortgage if the borrower defaults.
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(2) just after any distributions under Subdivision (one), When the Title IV-D agency has submitted a child assist lien during the forfeiture proceeding, for the Title IV-D agency in an sum never to exceed the level of child help arrearages recognized within the lien; and
(d-4) Apart from as usually provided by this article, an expenditure of proceeds or property gained underneath this chapter is thought of as for an Formal intent of a legal professional's Office environment If your expenditure is manufactured for an activity of a lawyer or Business of an attorney symbolizing the state that pertains to the preservation, enforcement, or administration from the legal guidelines of this state, together with an expenditure built for: