On August 9th, 2019, as a result of the amendments and additions
to article 22 of Mexico's Federal Constitution published in
March of this year, by which the catalog of crimes contained in the
abovementioned constitutional article was enlarged, a decree was
issued through which the National Domain Extinction Law was
promulgated.
Domain extinction must be understood as the loss of the rights
that a person has in relation to their assets, declared by a
judicial resolution, without any consideration or compensation for
the owner.
The abovementioned Law was created with the intention of
regulating:
- Existence of an illegal act;
- Existence of an asset of illegal
provenience or destination;