(a) A claimant under AS 17.30.116(b) may at any time petition for release of a seized item as follows:
(1) to a court in which a warrant for seizure has been issued;
(2) to a court in which a criminal or civil action alleging forfeiture of the item has been filed; or
(3) before an action is filed, or if no seizure warrant was issued, to a court in the judicial district in which the violation took place.
(b) An item may not be released by the court under (a) of this section unless the claimant gives adequate assurance that the item will remain subject to the court's jurisdiction and
(1) the court finds that the release is in the best interests of the state; or
(2) the claimant provides a bond or other valid and equivalent security equal to twice the assessed value of the item.