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This document is a formal agreement between the Cartersville Police Department and the federal government regarding the equitable sharing of forfeited funds. It outlines the agency\'s obligations under the program, including the management of funds received, expenditures, compliance with federal regulations, and the necessary certifications by agency and governing body heads.
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How to fill out equitable sharing agreement and

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How to fill out equitable sharing agreement and

01
Gather necessary information: Collect details about the participating law enforcement agencies and their personnel.
02
Complete the form: Fill out the equitable sharing agreement form with accurate information regarding the case and the assets involved.
03
Specify asset details: Include detailed descriptions of the assets to be shared, such as money, vehicles, or property.
04
Obtain signatures: Ensure that all relevant parties sign the agreement to validate it.
05
Submit the agreement: Submit the completed and signed equitable sharing agreement to the appropriate federal agency.

Who needs equitable sharing agreement and?

01
Local law enforcement agencies involved in asset seizures.
02
State law enforcement agencies that participate in shared asset forfeiture.
03
Federal law enforcement agencies participating in joint operations.
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An equitable sharing agreement is a legal framework that allows state and local law enforcement agencies to share in the proceeds from federal asset forfeitures.
Law enforcement agencies that receive federal funds or partake in federal asset forfeiture must file an equitable sharing agreement.
To fill out an equitable sharing agreement, agencies must provide their agency information, details regarding the forfeiture, and confirm compliance with applicable laws and policies on a standardized form.
The purpose of the equitable sharing agreement is to establish guidelines for the sharing of asset forfeiture proceeds and to ensure compliance with laws and regulations regarding forfeiture practices.
The information that must be reported includes agency details, case number, type of asset, net proceeds from the forfeiture, and compliance with federal guidelines.
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