Nebraska § 60-1905 Proceeds of sale; disposition

Nebraska Statutes

§ 60-1905 — Proceeds of sale; disposition

Nebraska·Ch. 60 Motor Vehicles

Any proceeds from the sale of an abandoned vehicle less any expenses incurred by the local authority or state agency shall be held by the local authority or state agency without interest, for the benefit of the owner or lienholders of such vehicle for a period of two years. If not claimed within such two-year period, the proceeds shall be paid into the general fund of the local authority entitled to custody under section  60-1904  or the state General Fund if a state agency is entitled to custody under section  60-1904 .

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Any proceeds from the sale of an abandoned vehicle less any expenses incurred by the local authority or state agency shall be held by the local authority or state agency without interest, for the benefit of the owner or lienholders of such vehicle for a period of two years. If not claimed within such two-year period, the proceeds shall be paid into the general fund of the local authority entitled to custody under section 60-1904 or the state General Fund if a state agency is entitled to custody under section 60-1904 .

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