Sec. 105. Forfeiture of property
210 words·~1 min read·
/bill/113/hr/1771/ih/section-105A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 981(e) of title 18, United States Code, is amended— in paragraph (6), by striking or at the end; in paragraph (7), by striking the period at the end and inserting ; or ; and by inserting after paragraph
(7)the following new paragraph: in the case of property involved in any of the activities described in section 104(a) of the North Korea Sanctions Enforcement Act of 2013, in accordance with section 403 of that Act. . Notwithstanding sections 609, 613(a)(3), and 613A(c) of the Tariff Act of 1930 (19 U.S.C. 1609(a), 1613(a)(3), and 1613b(c)), any funds derived from the forfeiture of property under section 596 of the Tariff Act of 1930 ( 19 U.S.C. 1595a ) that relates to any of the activities described in section 104(a) shall be deposited into the North Korea Enforcement and Humanitarian Fund established under section 403. If a financial institution or other person pays a sum of money to the United States— in lieu of the commencement of criminal, civil, or administrative forfeiture proceedings to forfeit property involving any of the activities described in section 104(a), or in settlement of such forfeiture proceedings if commenced, such sum of money shall be treated as forfeited funds and disposed of in accordance with section 403.
Connectionstraces to 2
Traces to 2 documents
Citation graph
cites case law
Cites 2Cited by 0 across 0 sources