§ 98-40. Authority to claim compensation or property due because of information provided to federal or state agencies.

(a)

The police chief shall be authorized to act on behalf of the city to claim compensation or property due to the city by virtue of information provided to the Internal Revenue Service, the state department of revenue or similar agencies, by agents of the department of police, pursuant to 26 USC 7623 or any similar provisions under state law or due to the city pursuant to state and federal forfeiture statutes or any similar state or federal statute.

(b)

Any such information or evidence provided or secured through investigations conducted by agents or officers of the department of police shall remain the property of the state or city or the United States in accordance with state and United States law.

(c)

Any such compensation paid to the city by virtue of information provided or secured through investigations conducted by agents of the department of police shall be paid directly into such account maintained for the benefit of law enforcement activities by the department of police, and all property so received shall be entrusted to disposal or utilization by the police chief or the chief's designee.