The Treasury Executive Office for Asset Forfeiture (TEOAF) is an agency of the United States federal government in the United States Department of the Treasury.[1] TEOAF is responsible for administering the Treasury Forfeiture Fund (TFF).[clarification needed] The TFF was established in 1992 as the successor to what was then the Customs Forfeiture Fund. It is authorized by section 9703 of Title 31 of the U.S. Code (note that there are erroneously two section 9703's, each dealing with a different subject matter). https://www.law.cornell.edu/uscode/text/31/1009703- It is the receipt account for the deposit of non-tax forfeitures[clarification needed] made by the following member agencies:
References
edit- ^ Zarate, Juan C. (2013). Treasury's War. New York: PublicAffairs. ISBN 9781610391153.