ยง290-7ย  Disposition of proceeds.ย  All
proceeds from the sale of vehicles shall be deposited into the general fund of
the county.ย  The legal or registered owner is entitled to recover the excess of
the proceeds from the sale over expenses, if the claim is filed with the county
within one year from the execution of the sales agreement.ย  The registered
owner shall receive priority of payment to the extent of the registered owner's
lien on the vehicle.ย  The county may file a claim within the same period against
the legal or registered owner or person with an unrecorded interest for the
deficiencies between the sale proceeds and expenses. [L 1949, c 194, pt of ยง1;
RL 1955, pt of ยง138-32; am L 1967, c 267, pt of ยง1; HRS ยง290-7; gen ch 1985]



 



Cross References



 



ย  Highway beautification and disposal of abandoned or derelict vehicles
revolving fund, see ยง286-51(b).