Colo. Rev. Stat. § 16-13-504.5
Limitations on receipt of forfeiture payments from federal agencies
Colorado · Colorado Revised Statutes Title 16 — Criminal Proceedings · Status: effective
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- Citation
- Colo. Rev. Stat. § 16-13-504.5, Limitations on receipt of forfeiture payments from federal agencies, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2295299
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Full text
(1) A seizing agency or participant in any joint task force or other multijurisdictional collaboration shall accept payment or distribution from a federal agency of all or a portion of any forfeiture proceeds resulting from adoption or a joint task force or other multijurisdictional collaboration only if the aggregate net equity value of the property and currency seized in a case is in excess of fifty thousand dollars and a forfeiture proceeding is commenced by the federal government and relates to a filed criminal case.
(2) Subsection (1) of this section shall not be construed to restrict seizing agencies from collaborating with a federal agency to seize property that the seizing agency has probable cause to believe is the proceeds or instruments of a crime through an intergovernmental joint task force.