Under Health and Safety Code § 11469(i), when a government agency seizes a person’s money, the agency has a duty to protect the money and preserve its value. The government does this by placing the money into an interest bearing account instead of allowing the money to lose value over time. Moreover, the person whose money was taken is often entitled to get his money back, plus the accrued interest.
In the case of Mr. Cyrus Cardan, police officers seized 150 grams of cocaine, 400 grams of marijuana and $10,153.38 from Mr. Cardan’s hotel room. Cardan was then charged with possession for sales of cocaine base and marijuana (Health & Safety Code §§ 11351.5 and 11359, respectively).
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