2A:44-173. Disposition of proceeds of sale
106 words·~1 min read·
/nj/title-2a/chapter-44/2a-44-173A 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 first to the payment of the expenses of the sale, not to exceed the legal newspaper advertising fees, plus $10, and then to the payment of the lien. The balance, if any, shall be paid to the owner of, or party authorized with respect to, the motion picture film or films, or any part thereof so sold. The balance, if not claimed by the owner or party authorized with respect to such motion picture film or films, within 60 days after sale, shall be paid to the municipality for the support of the poor.
L.1951 (1st SS), c.344.