39:10A-5.Ā  Sale as barring claims of interest;Ā  remission of proceeds of sale
Upon the sale of a motor vehicle pursuant to the provisions of this act allĀ  claims of interest therein shall be forever barred and the proceeds realizedĀ  therefrom after payment of the expenses of possession and sale, shall beĀ  remitted to the treasury of the public agency as its sole property.

L.1964, c. 81, s. 5.