The proceeds of a sale authorized by this division 2. shall be paid to the Town Treasurer, who shall pay to the appropriate officers or persons the costs of removal, storage, investigation, sale and liens in that order. The remainder of the proceeds of sale, if any, shall be paid over to the registered owner, or held by the town for 60 days if the registered owner cannot be located with reasonable diligence. If the owner does not claim the remainder of the proceeds within 60 days after the sale, the funds shall be deposited in the town’s General Fund and the owner’s rights therein shall be forever extinguished.
(Ord. passed 6-5-1991)