ยง290-3 - Public auction.
ยง290-3ย Public auction.ย If the vehicleis not repossessed within the time limits provided in section 290-2, thevehicle shall be disposed of by public auction, through oral tenders, or bysealed bids, after public advertisement has been made once in a newspaper ofgeneral circulation; provided that the public auction shall not be held lessthan five days after the publication has been made.ย Where no bid is received,the vehicle may be either sold by negotiation, disposed of or sold as junk, ordonated to any governmental agency. [L 1949, c 194, pt of ยง1; RL 1955, pt ofยง138-32; am L 1967, c 267, pt of ยง1; HRS ยง290-3]