Legal basis: Article 236 of the Procedures for Handling Criminal Cases by Public Security Organs stipulates that the time limit for remittance and other property is six months. The period for freezing bonds, stocks, fund shares and other securities is two years. If it is necessary to extend the time limit for special reasons, it shall go through the formalities of continuing the freezing at the public security organ before the expiration of the freezing period.
Provisions of the Supreme People's Court on the seizure and seizure of frozen property in civil execution by people's courts
Article 29 The time limit for the people's court to freeze the bank deposits and other funds of the person subjected to execution shall not exceed six months, the time limit for sealing up or distraining movable property shall not exceed one year, and the time limit for sealing up or distraining immovable property and other property rights shall not exceed two years. Except as otherwise provided by laws and judicial interpretations. If the person subjected to execution applies for an extension of the time limit, the people's court shall go through the formalities of sealing up, distraining and freezing before the expiration of the time limit for sealing up, distraining and freezing, and the extension period shall not exceed half of the time limit specified in the preceding paragraph.
Article 30 If the time limit for sealing up, distraining and freezing expires and the people's court fails to go through the extension formalities, the effectiveness of sealing up, distraining and freezing shall be extinguished. If the seized, detained or frozen property has been auctioned, sold or paid off, the effectiveness of the seizure, detention and freezing shall be extinguished. Article 31 Under any of the following circumstances, the people's court shall make a ruling to lift the seizure, seizure and freezing, and serve it on the application executor, the person subjected to execution or the outsider: (1) Seizing, seizing and freezing the property of the outsider. (2) The application executor withdraws the application for execution or waives the creditor's rights. (3) The property that has been sealed up, detained or frozen cannot be auctioned or sold, and the applicant for enforcement and other enforcement creditors do not agree to accept the settlement. (4) The debt has been paid off; (five) the person subjected to execution provides a guarantee and the applicant agrees to lift the seizure, seizure or freezing. (6) Other circumstances in which the people's court considers that the seizure, seizure and freezing should be lifted. Where the seal-up, seizure or freezing implemented by cancellation of registration is carried out, a notice of assistance in execution shall be issued to the registration authority.