Arkansas § 5-5-305 - Disposition of proceeds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 5-5-305 — Disposition of proceeds., with citation guidance and answers to common questions.
§ 5-5-305. Disposition of proceeds.
The proceeds of any sale pursuant to § 5-5-304 and any moneys forfeited pursuant to § 5-5-302 shall be applied to payment of the: Balance due on any lien preserved by the circuit court in the forfeiture proceeding; Cost incurred by the seizing law enforcement agency in connection with the storage, maintenance, security, and forfeiture of the property; Cost incurred by the prosecuting attorney or attorney for the law enforcement agency approved by the prosecuting attorney to which the property is forfeited; and Cost incurred by the circuit court. The remaining proceeds or moneys shall be disposed of as follows: If the law enforcement agency is a state agency, the entire amount shall be deposited into the State Treasury into the fund for that state agency for the law enforcement purposes for that state agency; and If the law enforcement agency is a: County sheriff's office, the entire amount shall be deposited into the county treasury and credited to a special law enforcement forfeiture fund in the county treasury; or City or town police agency, the entire amount shall be deposited into the city or town treasury and credited to a special law enforcement forfeiture fund in the city or town treasury. Moneys in the special law enforcement forfeiture fund in the county, city, or town treasury shall be expended only upon appropriation to the county sheriff's office or to the city or town police agency by the county quorum court or governing body of the city or town: To defray the cost of a protracted investigation; To provide additional technical equipment or expertise; To provide matching funds to obtain a federal grant; or For such other law enforcement purposes as the county quorum court or governing body of the city or town deems appropriate. Moneys in the special law enforcement forfeiture fund in the county, city, or town treasury shall not be considered a source of revenue to meet a normal operating expense.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 5-5-305
What does Arkansas Code of 1987 Annotated § 5-5-305 cover?
Section 5-5-305 ("Disposition of proceeds.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 5-5-305?
A common citation format is "Arkansas Code of 1987 Annotated § 5-5-305" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 5-5-305 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.