18 U.S.C. § 984 : US Code - Section 984: Civil forfeiture of fungible property

Search 18 U.S.C. § 984 : US Code - Section 984: Civil forfeiture of fungible property

      (a)(1) In any forfeiture action in rem in which the subject
    property is cash, monetary instruments in bearer form, funds
    deposited in an account in a financial institution (as defined in
    section 20 of this title), or precious metals - 
        (A) it shall not be necessary for the Government to identify
      the specific property involved in the offense that is the basis
      for the forfeiture; and
        (B) it shall not be a defense that the property involved in
      such an offense has been removed and replaced by identical
      property.

      (2) Except as provided in subsection (b), any identical property
    found in the same place or account as the property involved in the
    offense that is the basis for the forfeiture shall be subject to
    forfeiture under this section.
      (b) No action pursuant to this section to forfeit property not
    traceable directly to the offense that is the basis for the
    forfeiture may be commenced more than 1 year from the date of the
    offense.
      (c)(1) Subsection (a) does not apply to an action against funds
    held by a financial institution in an interbank account unless the
    account holder knowingly engaged in the offense that is the basis
    for the forfeiture.
      (2) In this subsection - 
        (A) the term "financial institution" includes a foreign bank
      (as defined in section 1(b)(7) of the International Banking Act
      of 1978 (12 U.S.C. 3101(b)(7))); (!1) and

        (B) the term "interbank account" means an account held by one
      financial institution at another financial institution primarily
      for the purpose of facilitating customer transactions.

      (d) Nothing in this section may be construed to limit the ability
    of the Government to forfeit property under any provision of law if
    the property involved in the offense giving rise to the forfeiture
    or property traceable thereto is available for forfeiture.