Nebraska § 25-1540 Sale on execution; disposition of proceeds

Nebraska Statutes

§ 25-1540 — Sale on execution; disposition of proceeds

Nebraska § 25-1540

Ch. 25Courts; Civil Procedure

This text of Nebraska § 25-1540 (Sale on execution; disposition of proceeds) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 25-1540 (2026).

Text

If on any sale made as aforesaid, there shall be in the hands of the sheriff or other officer more money than is sufficient to satisfy the writ or writs of execution, with interest and costs, the sheriff or other officer shall, on demand, pay the balance to the defendant in execution, or his legal representatives.

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Legislative History

Source: R.S.1867, Code § 507, p. 480; R.S.1913, § 8086; C.S.1922, § 9022; C.S.1929, § 20-1540; R.S.1943, § 25-1540. Annotations: Sheriff is custodian of funds from date of sale until confirmation. Craw v. Abrams, 68 Neb. 546, 94 N.W. 639 (1903), affirmed on rehearing 68 Neb. 553, 97 N.W. 296 (1903). It is duty of sheriff to pay proceeds directly to party entitled thereto unless court orders same paid into court. Fire Assn. of Philadelphia v. Ruby, 49 Neb. 584, 68 N.W. 939 (1896); Luce v. Foster, 42 Neb. 818, 60 N.W. 1027 (1894).