North Carolina — Statute

NC 14-112.3. - NC 14-112.3.

NC 14-112.3. NC 14-112.3. - North Carolina Chapter 14 - Criminal Law. Free legal research.

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North Carolina Law

NC 14-112.3. - NC 14-112.3.

Chapter 14 - Criminal Law

Section Overview

§ 14-112.3. Asset freeze or seizure; proceeding. (a) For purposes of this section, the term "assets" includes funds and property as well as other assets that may be involved in a violation of G.S. 14-112.2. (b) Whenever it appears by clear and convincing evidence that any defendant is about to or intends to divest himself or herself of assets in a manner that would render the defendant insolvent for purposes of restitution, the district attorney may make an application to the court to freeze or seize the assets of the defendant. Upon a showing by clear and convincing evidence in the hearing, the court shall issue an order to freeze or seize the assets of the defendant in the amount calculated pursuant to G.S. 14-112.2(f). The procedure for petitioning the court under this section shall be ...

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In simple terms: NC 14-112.3. NC 14-112.3. - North Carolina Chapter 14 - Criminal Law. Free legal research.. This means people must follow this rule, and breaking it can lead to criminal penalties.

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