Connecticut Statutes
§ 42-167 — Disposition of balance of proceeds following satisfaction of lien.
Connecticut·Title 42 Business, Selling, Trading and Collection Practices·Ch. 743 Self-Service Storage Facilities
In the event of a sale of personal property subject to such a lien, the owner may satisfy his lien from the proceeds of the sale but shall hold the balance, if any, for delivery on demand to the occupant or any other party having an interest. If the occupant or such other party does not claim the balance of the proceeds within two years of the date of sale, it shall become the property of the owner.
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Legislative History
(P.A. 81-428, S. 9.)
Nearby Sections
15
§ 42-103aaa
Books and records.§ 42-103b
Definitions.§ 42-103cc
Short title: Time Share Act.§ 42-103ccc
Time share resale disclosure requirements.§ 42-103dd
Definitions.§ 42-103e
Contents of listing.