[§290-24]  Disposition of proceeds.  The
authorized seller of the vehicle shall be entitled to the proceeds of the sale
to the extent that compensation is due the authorized seller for services
rendered in respect of the vehicle, including reasonable and customary charges
for towing, handling, storage, and the cost of the notices and advertising
required by this part.  Any remaining balance shall be forwarded to the legal
or registered owner of the vehicle if the legal or registered owner can be
found.  If the legal or registered owner cannot be found, the balance shall be
deposited with the director of finance of the State and shall be paid out to
the legal or registered owner of the vehicle if a proper claim is filed
therefor within one year from the execution of the sales agreement.  If no
claim is made within the year allowed, the money shall become a state
realization. [L 1969, c 178, pt of §1; gen ch 1985]