21 USC 2355 - Treatment of forfeited property of transnational criminal organizations

U.S Code last checked for updates: Jan 30, 2025

§ 2355.

Treatment of forfeited property of transnational criminal organizations

(a)

Transfer of forfeited property to forfeiture funds

(1)

In general

(2)

Report required

(3)

Covered forfeited property defined

In this subsection, the term “covered forfeited property” means property—

(A)

forfeited to the United States under chapter 46 or section 1963 of title 18; and

(B)

that belonged to or was possessed by an individual affiliated with or connected to a transnational criminal organization subject to sanctions under—

(i)

this subchapter;

(ii)

the Fentanyl Sanctions Act (21 U.S.C. 2301 et seq.); or

(iii)

Executive Order 14059 (50 U.S.C. 1701 note; relating to imposing sanctions on foreign persons involved in the global illicit drug trade).

(b)

Blocked Assets Under Terrorism Risk Insurance Act of 2002

(Pub. L. 118–50, div. E, title I, § 3105, Apr. 24, 2024, 138 Stat. 938.)

cite as: 21 USC 2355