Arkansas Statutes

§ 5-5-305 — Disposition of proceeds

Arkansas·Title 5
(a)The proceeds of any sale pursuant to § 5-5-304 and any moneys forfeited pursuant to § 5-5-302 shall be applied to payment of the:
(1)Balance due on any lien preserved by the circuit court in the forfeiture proceeding;
(2)Cost incurred by the seizing law enforcement agency in connection with the storage, maintenance, security, and forfeiture of the property;
(3)Cost incurred by the prosecuting attorney or attorney for the law enforcement agency approved by the prosecuting attorney to which the property is forfeited; and (4) Cost incurred by the circuit court.
(b)The remaining proceeds or moneys shall be disposed of as follows:
(1)If the law enforcement agency is a state agency, the entire amount shall be deposited into the State Treasury into the fund for that state agency for the

Free access — add to your briefcase to read the full text and ask questions with AI

Arkansas § 5-5-305 (Disposition of proceeds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1993, No. 1031, § 5.

Nearby Sections

15
View on official source ↗