GEORGIA CODE (Last Updated: August 20, 2013) |
Title 7. BANKING AND FINANCE |
Chapter 1. FINANCIAL INSTITUTIONS |
Article 11. RECORDS AND REPORTS OF CURRENCY TRANSACTIONS |
Section 7-1-916. Forfeiture of property involved in illegal transactions
Latest version.
- All property of every kind used or intended for use in the course of, derived from, or realized through a transaction which in fact involves the proceeds of unlawful activity specified in Chapter 14 of Title 16 or otherwise subject to the provisions of this article shall be subject to forfeiture to the state. Forfeiture shall be had by the same procedure as is set forth in Code Section 16-14-7.
Code 1981, § 7-1-916, enacted by Ga. L. 1989, p. 1211, § 21.