(a) Where property is seized for administrative forfeiture involving controlled substances
in personal use quantities, the owner may obtain release of the property by posting
a substitute monetary amount with the seizing agency to be held subject to forfeiture
proceedings in place of the seized property to be released. The property will be released to the owner upon the payment of an amount equal to
the government appraised value of the property if the property is not evidence of
a violation of law and has no design or other characteristics that particularly suit
it for use in illegal activities. This payment must be in the form of a traveler's check, a money order, a cashier's
check, or an irrevocable letter of credit made payable to the seizing agency. A bond in the form of a cashier's check will be considered as paid once the check
has been accepted for payment by the financial institution which issued the check.
(b) If a substitute amount is posted and the property is administratively forfeited,
the seizing agency will forfeit the substitute amount in lieu of the property.
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