16-14-14
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16-14-14.
(a)
The term of a RICO lien notice shall be for a period of six years from the date
of filing unless a renewal RICO lien notice has been filed by the investigative
agency; and, in such case, the term of the renewal RICO lien notice shall be for
a period of six years from the date of its filing. The investigative agency
shall be entitled to only one renewal of the RICO lien notice.
(b)
The investigative agency filing the RICO lien notice may release in whole or in
part any RICO lien notice or may release any specific real property or
beneficial interest from the RICO lien notice upon such terms and conditions as
it may determine. Any release of a RICO lien notice executed by the
investigative agency may be filed in the official records of any county. No
charge or fee shall be imposed for the filing of any release of a RICO lien
notice.
(c)
If no civil proceeding has been instituted by the investigative agency seeking a
forfeiture of any property owned by the person named in the RICO lien notice,
the acquittal in the criminal proceeding of the person named in the RICO lien
notice or the dismissal of the criminal proceeding shall terminate the RICO lien
notice; and, in such case, the filing of the RICO lien notice shall have no
effect. In the event the criminal proceeding has been dismissed or the person
named in the RICO lien notice has been acquitted in the criminal proceeding, the
RICO lien notice shall continue for the duration of the civil proceeding.
(d)
If no civil proceeding is then pending against the person named in a RICO lien
notice, the person named in a RICO lien notice may institute an action against
the investigative agency filing the notice in the county where the notice has
been filed seeking a release or extinguishment of the notice; and, in such case:
(1)
The court shall, upon the motion of such person, immediately enter an order
setting a date for hearing, which date shall be not less than five nor more than
ten days after the action has been filed; and the order, along with a copy of
the complaint, shall be served on the investigative agency within three days
after the institution of the action. At the hearing, the court shall take
evidence on the issue of whether any real property or beneficial interest owned
by such person is covered by the RICO lien notice or otherwise subject to
forfeiture under this chapter; and, if such person shows by the preponderance of
the evidence that the RICO lien notice is not applicable to him or that any real
property or beneficial interest owned by him is not subject to forfeiture under
this chapter, the court shall enter a judgment extinguishing the RICO lien
notice or releasing the real property or beneficial interest from the RICO lien
notice;
(2)
The court shall immediately enter its order releasing from the RICO lien notice
any specific real property or beneficial interest if a sale of the real property
or beneficial interest is pending and the filing of the notice prevents the sale
of the property or interest; however, the proceeds resulting from the sale of
the real property or beneficial interest shall be deposited into the registry of
the court, subject to the further order of the court; and
(3)
At the hearing set forth in paragraph (1), the court may release from the RICO
lien notice any real property or beneficial interest upon the posting by such
person of such security as is equal to the value of the real property or
beneficial interest owned by such person.
(e)
In the event a civil proceeding is pending against a person named in a RICO lien
notice, the court, upon motion by said person, may grant the relief set forth in
this Code section.