The proceeds of the sale of a junked motor vehicle declared to be a nuisance or of
an abandoned motor vehicle, after all costs of removal, storage, investigation and
sale, and satisfaction of any lien of record on the vehicle, have been deducted therefrom,
shall be held by the finance director for 30 days and paid to the owner upon demand.
If the owner does not appear to claim the remainder of the proceeds within 30 days
after disposal of the vehicle, the funds shall be deposited into the town general
fund and the owner's rights therein shall be forever extinguished.
(Code 1985, § 91.07; Code 1999, § 34-122)
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