The time limit for freezing deposits, remittances, securities trading settlement funds, futures deposits and other property is six months. The maximum period of each freeze shall not exceed six months.
For major and complicated cases, with the approval of the person in charge of the public security organ at or above the municipal level, the time limit for freezing deposits, remittances, securities trading settlement funds, futures deposits and other property can be one year. The maximum period of each freeze shall not exceed one year.
According to the needs of investigating crimes, the public security organs can inquire about and freeze the criminal suspect's deposits, remittances, securities trading settlement funds, futures deposits and other funds, bonds, stocks, fund shares and other securities, as well as equity, policy rights and other investment rights and interests, and can ask the relevant units and individuals to cooperate.
Property specified in relevant laws shall not be transferred, transferred or transferred or detained in disguised form by other means.
If it is necessary to extend the freezing period, it shall go through the formalities of continuing freezing in accordance with the original approval authority and procedures before the expiration of the freezing period. Failing to go through the freezing procedures within the time limit, it shall be deemed as automatic thawing.
legal ground
Procedures for handling criminal cases by public security organs
Article 239 If it is necessary to freeze the property of a criminal suspect, it shall be approved by the person in charge of the public security organ at or above the county level, and a notice of assistance in freezing the property shall be made, which shall specify the account name, account number, frozen amount, freezing period, frozen scope and whether it is applicable to fruits, and notify financial institutions and other units to assist in handling it.
The freezing of equity and policy rights and interests shall be approved by the person in charge of the public security organ at or above the municipal level.
The freezing of the equity of a listed company shall be approved by the person in charge of the public security organ at or above the provincial level. Article 246 The parties concerned or their legal representatives or entrusted agents shall be informed of their right to apply for the sale of frozen bonds, stocks, fund shares and other properties.
The obligee's written application to sell frozen bonds, stocks, fund shares and other properties does not harm the interests of the state, victims and other obligees, and does not affect the normal progress of litigation. If the validity of frozen bills of exchange, promissory notes and checks is about to expire, they can be sold or sold according to law with the approval of the person in charge of the public security organ at or above the county level, and the proceeds will continue to be frozen in their corresponding bank accounts; If there is no corresponding bank account, the proceeds shall be deposited in a special account designated by the public security organ in the bank, and the parties concerned or their close relatives shall be informed in time.