40-1004. Proceeds of sale; disposition
94 words·~1 min read·
/az/title-40/40-1004A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. The proceeds of the sale shall be paid, less the expenses of sale and the carrier's charges, upon demand and proof of ownership made by the owner to the carrier at any time within sixty days after the sale.
B. If the proceeds of the sale are not claimed by the owner within sixty days, they shall be deposited into the treasury of the county in which the sale takes place, and if not claimed by the owner within one year thereafter, they shall be paid into the general fund of the county.