18 U.S.C. Sec. 1963(B) is a federal statute that defines the types of property that may be subject to forfeiture in criminal racketeering cases. Specifically, the statute defines "property" as including: real estate, money, securities, tangible and intangible personal property, and any interest in these types of property. The statute also states that property includes proceeds derived from the illegal activity, as well as any property traceable to such proceeds. Additionally, the statute allows for the forfeiture of substitute assets in the event that the original property is no longer available.
18 U.S.C. Sec. 1963(B) DEFINITION OF PROPERTY
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US-JURY-7THCIR-18-1963-B
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Official Pattern Jury Instructions adopted by Federal 7th Circuit Court. All converted to Word format. Please see the official site for addional information. www.ca7.uscourts.gov/pattern-jury-instructions/pattern-jury.htm
18 U.S.C. Sec. 1963(B) is a federal statute that defines the types of property that may be subject to forfeiture in criminal racketeering cases. Specifically, the statute defines "property" as including: real estate, money, securities, tangible and intangible personal property, and any interest in these types of property. The statute also states that property includes proceeds derived from the illegal activity, as well as any property traceable to such proceeds. Additionally, the statute allows for the forfeiture of substitute assets in the event that the original property is no longer available.
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