TDCAA    TDCAA Community  Hop To Forum Categories  Civil    Disposition of Interest on Forfeited Funds
Go
New
Find
Notify
Tools
Reply
  
Disposition of Interest on Forfeited Funds Login/Join 
Member
posted
59.08 requires that on final judgment, interest earned on seized funds pending disposition is to be distributed in the same manner as the principle. However, is the county entitled to sever the interest earned on the forfeited funds in my forfeiture account? My treasurer showed me an AG opinion that says interest earned on hot check funds goes to the county, but I think forfeiture funds are different. Does anyone have an opinion? Thanks.
 
Posts: 47 | Location: Texas | Registered: July 27, 2005Reply With QuoteReport This Post
Member
posted Hide Post
Robert,

Do you still have your copy of the Prosecutor from July-August?

Someone did a chart and a discussion about the monies in forfeiture cases and hot checks. There might be something in there addressing your issue.

Here's a link, but the spacing is a little weird.

http://www.tdcaa.com/node/2870
 
Posts: 286 | Registered: February 13, 2006Reply With QuoteReport This Post
  Powered by Social Strata  
 

TDCAA    TDCAA Community  Hop To Forum Categories  Civil    Disposition of Interest on Forfeited Funds

© TDCAA, 2001. All Rights Reserved.