§ 34-29-5. Sale of goods — Notice — Disposition of proceeds.
When any processor may have a lien upon the goods and property of others that may
have come into their possession, and the amount due shall remain due and unpaid either
in whole or in part, for two (2) months after the lien becomes due and payable, it
shall be lawful for the processor to expose the goods and property for sale, and sell
at public auction, upon notice of sale being first published for two (2) weeks at
least once in each week, preceding the day of sale, in some newspaper published in
the county in which the goods or property are located, and a copy of the printed notice
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§ 34-29-5. Sale of goods — Notice — Disposition of proceeds.
When any processor may have a lien upon the goods and property of others that may
have come into their possession, and the amount due shall remain due and unpaid either
in whole or in part, for two (2) months after the lien becomes due and payable, it
shall be lawful for the processor to expose the goods and property for sale, and sell
at public auction, upon notice of sale being first published for two (2) weeks at
least once in each week, preceding the day of sale, in some newspaper published in
the county in which the goods or property are located, and a copy of the printed notice
being mailed to the owner or owners, if known, at least five (5) days before the day
of sale, if their post office addresses can be ascertained; and the proceeds of the
sale shall be applied to the payment of the lien and the expenses of the sale; and
no more of the goods or property shall be sold, if easily separated or divided, than
shall be necessary, as near as may be, to pay the lien and expenses, and the balance
of the proceeds of sale of the goods or property, if any, shall be paid to those entitled
thereto. Nothing in this section shall be construed to be in derogation of the right
of the lienor to enforce the lien by any other lawful procedure.