New Jersey Statutes
§ 2A:44-12 — Disposition of proceeds of sale
New Jersey·Title 2A ADMINISTRATION OF CIVIL AND CRIMINAL JUSTICE
The proceeds of the sale shall be applied to the payment of the lien and the expenses of seizure, if any, and of such sale. The balance, if any remaining, shall be paid to the owner of such property. The balance, if not claimed by the owner within 60 days after the sale, shall be paid over to the municipality, in which the aircraft or part thereof is detained, for the support of the poor. L.1951 (1st SS), c.344.
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Nearby Sections
15
§ 2A:44-1
Definitions§ 2A:44-11
Notice of sale; advertisement§ 2A:44-12
Disposition of proceeds of sale§ 2A:44-125
Short title§ 2A:44-126
Definitions§ 2A:44-127
Action to recover debt not barred§ 2A:44-128. Debts for labor and materials; funds liable; asserting lien; forfeiture of lien
§ 2A:44-128. Debts for labor and materials; funds liable; asserting lien; forfeiture of lien§ 2A:44-129
Commencement and extent of lien; exception§ 2A:44-130
Release of funds from lien; bond§ 2A:44-131
Priority of lien over assignments§ 2A:44-132
Filing notice of lien claim