§ 556F.15 — Proceeds — forfeiture

Iowa § 556F.15

• Jurisdiction: Iowa
• Title XIV: PROPERTY
• Ch. 556F: LOST PROPERTY

Text

The net proceeds of sales made by the sheriff, and money or bank notes paid over to
the county treasurer, as directed in this chapter, shall remain in the hands of the county
treasurer in trust for the owner, if the owner applies within one year from the time the
proceeds, moneys, or bank notes would have been paid over. However, if no owner appears
within that time, the proceeds, moneys, or bank notes shall be forfeited, and the claim of the
5 LOST PROPERTY, §556F.18
owner is forever barred, in which event the money shall be paid to the treasurer of state for
deposit in the general fund of the state.

Legislative History

[C51, §885; R60, §1516; C73, §1519; C97, §2378; C24, 27, 31, 35, 39, §12213; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §644.15]