23A-37-10. Sale or transfer of unclaimed property.
82 words·~1 min read·
/sd/title-23/chapter-23-37/23a-37-10·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If there is no claimant or if the right to possession of seized property cannot be determined after a reasonable period of time, the law enforcement agency collecting such property, through an order of the court, may:
(1)Transfer ownership of the property to any governmental agency having a legitimate need for such property; or
(2)Sell the property and deliver the proceeds of the sale to the appropriate finance officer of the city, county, or state employing such law enforcement agency.