Pennsylvania Statutes
§ 5614 — Excess balance from sale
In the event of a sale under this chapter, the owner may satisfy the lien from the proceeds of the sale, but shall hold the balance, if any, for delivery on demand to the occupant. If the occupant does not claim the balance of the proceeds within six months of the date of the sale, the balance shall be deemed to be abandoned and unclaimed property subject to the custody and control of the occupant under Article XIII.1 of the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, and the owner shall report and pay the balance to the State Treasurer. The State Treasurer shall receive, hold and dispose of the balance in accordance with Article XIII.1 of The Fiscal Code.
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Nearby Sections
15
§ 5601
Scope of chapter§ 5602
Definitions§ 5604
Access by owner§ 5605
Owner's lien§ 5608
Advertisement of sale§ 5609
Location of sale§ 5610
Payment and satisfaction§ 5611
Conformance with notice§ 5612
Title to goods purchased§ 5614
Excess balance from sale