A BILL TO BE ENTITLED
AN ACT to clarify that upon conviction for exploitation of an older adult or disabled adult, any seized assets shall be used to satisfy the defendant's restitution obligation as ordered by the court.
The General Assembly of North Carolina enacts:
SECTION 1.  G.S. 14‑112.3(e) reads as rewritten:
"§ 14‑112.3.  Asset freeze or seizure; proceeding.
…
(e)	If the prosecution of the charge under G.S. 14‑112.2 is terminated by voluntary dismissal by the State or if a judgment of acquittal is entered, the court shall vacate the order to freeze or seize the assets. Upon conviction of the defendant, any seized assets shall be used to satisfy the defendant's restitution obligation as ordered by the court, accounting for costs incident to seizure, including costs of sale. Any excess assets shall be returned to the defendant."
SECTION 2.  This act is effective when it becomes law.