Code of Virginia - Title 19.2 Criminal Procedure - Section 19.2-386.19 Seizure of property used in connection with money laundering

§ 19.2-386.19. Seizure of property used in connection with money laundering

The following property shall be subject to lawful seizure by any officer charged with enforcing the provisions of Article 9 (§ 18.2-246.1 et seq.) of Chapter 6 of Title 18.2: (i) all money, equipment, motor vehicles, and all other personal and real property of any kind or character used in substantial connection with the laundering of proceeds of some form of activity punishable as a felony under the laws of the Commonwealth, another state or territory of the United States, the District of Columbia, or the United States, and (ii) all money or other property, real or personal, traceable to the proceeds of some form of activity punishable as a felony under the laws of the Commonwealth, another state or territory of the United States, the District of Columbia, or the United States, together with any interest or profits derived from the investment of such proceeds or other property. Real property shall not be subject to seizure unless the minimum prescribed punishment for the violation is a term of imprisonment of not less than five years. All seizures and forfeitures under this section shall be governed by Chapter 22.1 (§ 19.2-386.1 et seq.) of this title, and the procedures specified therein shall apply, mutatis mutandis, to all forfeitures under Article 9 (§ 18.2-246.1 et seq.) of Chapter 6 of Title 18.2.

(1999, c. 348, § 18.2-246.4; 2003, cc. 541, 549; 2004, c. 995.)

Sections:  Previous  19.2-386.15  19.2-386.16  19.2-386.17  19.2-386.18  19.2-386.19  19.2-386.20  19.2-386.21  19.2-386.22  19.2-386.23  19.2-386.24  19.2-386.25  19.2-386.26  19.2-386.27  19.2-386.28  19.2-386.29  Next

Last modified: April 16, 2009