Deposits made with the City Treasurer as required by § 116.023 shall be subject to claims of creditors in all cases where a judgment has been obtained against the transient merchant in any court in this state and the time for appealing the judgment has expired. In the cases garnishment proceeding may be commenced in a court against the City Treasurer. It shall thereupon be the duty of the City Treasurer to remit to any court any balance of the cash deposit remaining in his or her hands not exceeding the amount of the judgment for the purpose of satisfying the same. Any balance of the cash deposit remaining in the hands of the City Treasurer four months after the expiration of the license shall be remitted to the transient merchant, provided, if at the date, the City Treasurer shall have received notice of any suit then pending against the transient merchant, the deposit shall not be returned until 60 days after the termination of the suit.
(Ord. 239, passed 11-3-1955)