[§356D-57] Disposition of surplus proceeds.

149 words·~1 min read·/hi/356d-57

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

[§356D-57] Disposition of surplus proceeds. After the sale, the authority shall apply the proceeds as provided in section 356D-56. The balance, if any remaining, shall be paid over to the former resident or occupant. If the balance is not claimed by the former resident or occupant within thirty days after the sale thereof, then the balance shall be paid over to the director of finance and shall be kept by the director in a special deposit for a period not to exceed six months.

If claimed by the former resident or occupant during that period, it shall be paid to the former resident or occupant. If no claim is made during the period, the sum shall become a government realization and shall be paid into the general fund. [L 2006, c 180, pt of §2]

Note

Section 356D-56 referred to in text is repealed. For present provision, see §356D-56.1.