2A:44-12. Disposition of proceeds of sale
79 words·~1 min read·
/nj/title-2a/chapter-44/2a-44-12A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The proceeds of the sale shall be applied to the payment of the lien and the expenses of seizure, if any, and of such sale. The balance, if any remaining, shall be paid to the owner of such property. The balance, if not claimed by the owner within 60 days after the sale, shall be paid over to the municipality, in which the aircraft or part thereof is detained, for the support of the poor.
L.1951 (1st SS), c.344.