§ 9-22-1-27 — Sales by city, county, or town; distribution of proceeds

(a) This section applies to sales of abandoned
vehicles or parts by a city, county, or town.
(b) The proceeds from the sale of abandoned vehicles or parts,
including:
(1) charges for bills of sale; and
(2) money received from persons who own or hold liens on
vehicles for the cost of removal or storage of vehicles;
shall be credited against the costs of removal, storage, and disposal of
the vehicle. The remaining proceeds shall be deposited in the city's,
county's, or town's abandoned vehicle fund by the fiscal officer of the
city, county, or town.
(c) The costs incurred by a public agency in administering this
chapter shall be paid from the abandoned vehicle fund.
(d) The fiscal body shall annually appropriate sufficient money to
the fund to carry out this chapter. Money remaining in the fund at the
end of a year remains in the fund and does not revert to the general
fund.
(e) Notwithstanding subsection (d), the fiscal body of a consolidated
city may transfer money from the fund.
[Pre-1991 Recodification Citation: 9-9-1.1-14(a).]

Legislative History

As added by P.L.2-1991, SEC.10. Amended by P.L.85-1995, SEC.39; P.L.191-2007, SEC.18; P.L.227-2025, SEC.20.