Sec. 17-33.  Proceeds of sale; disposition.

 

Any proceeds from the sale of an abandoned vehicle less any expenses incurred by the city shall be held by the city without interest, for the benefit of the owner of such vehicle for a period of two (2) years.  If not claimed within such two-year period, such proceeds shall be paid into the general fund of the city.

State law reference--Similar provisions, R.R.S. 1943, 60-1905.