§ 51404. Stolen Goods; Seizure of Goods
TITLE 4: ECONOMIC RESOURCES DIVISION 5: BUSINESS REGULATION § 51404. Stolen Goods; Seizure of Goods. (a) If a recycler has reasonable cause to believe that any recycled product being sold to purchaser is lost or stolen property, the recycler shall promptly report the matter to the Department of Public Safety. (b) Where probable cause exist that a recycled product held by a recycler is stolen property, the Department of Public Safety shall, for purposes of investiga- tion or trial or to preserve and safeguard the property: (1) Seize the same; or (2) Hold the property for not more than 60 days unless a court of competent jurisdiction decides that a longer holding period is required to preserve or safeguard the property. (3) Inspect the books, accounts, and records of the recycler to determine whether or not a crime has been committed. (c) The Department of Public Safety and the Department of Commerce shall adopt rules and regulations necessary to implement this Section. Source: PL 15-36, § 3 (51304).
Source: CNMI Law Revision Commission