77-11a-302.  Release of seized property to claimant by surety bond or cash.

(1)  Except as provided in Subsection (2), a claimant may obtain release of seized property by posting a surety bond or cash with the court that is in an amount equal to the current fair market value of the property as determined by the court or a stipulation by the parties.

Terms Used In Utah Code 77-11a-302

  • Claimant: means :
(a) an owner of property;
(b) an interest holder; or
(c) an individual or entity who asserts a claim to any property for which an agency seeks to forfeit. See Utah Code 77-11a-101
  • Contraband: includes :
    (i) a controlled substance that is possessed, transferred, distributed, or offered for distribution in violation of Title 58, Chapter 37, Utah Controlled Substances Act; or
    (ii) a computer that:
    (A) contains or houses child sexual abuse material, or is used to create, download, transfer, upload to a storage account, or store any electronic or digital files containing child sexual abuse material; or
    (B) contains the personal identifying information of another individual, as defined in Section 76-6-1101, whether that individual is alive or deceased, and the personal identifying information has been used to create false or fraudulent identification documents or financial transaction cards in violation of 5. See Utah Code 77-11a-101
  • Court: means a municipal, county, or state court. See Utah Code 77-11a-101
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Property: means all property, whether real or personal, tangible or intangible. See Utah Code 77-11a-101
  • Seized property: includes property that the agency seeks to forfeit under Chapter 11b, Forfeiture of Seized Property. See Utah Code 77-11a-101
  • (2)  A court may refuse to order the release of property under Subsection (1) if:

    (a)  the bond tendered for the property is inadequate;

    (b)  the property is subject to the retention or preservation requirements under Chapter 11c, Retention of Evidence;

    (c)  the property is particularly altered or designed for use in the commission of the offense subjecting the property to forfeiture under Section 77-11b-102; or

    (d)  the property is contraband.

    (3)  If a surety bond or cash is posted and the court later determines that the property is forfeited, the court shall order the forfeiture of the surety bond or cash in lieu of the property.

    Enacted by Chapter 448, 2023 General Session