(A) The owner of any removed vehicle, before obtaining possession thereof, shall pay to the agent of the town storing the vehicle all reasonable costs incidental to the removal, storage and locating of the owner.
(B) Should the owner fail or refuse to pay the costs, or should his identity or whereabouts be known and unascertainable after a diligent search and after notice as herein prescribed, the stored vehicle may be sold after 30 days' notice has been given to the state division of motor vehicles before the date of the sale and after the vehicle has been held for not less than 30 days.
(C) The vehicle may be sold by public or private sale, but no vehicle may be sold until its value has been determined by three disinterested dealers or garagemen.
(D) A vehicle of an appraised value of less than $100 may be disposed of any means in the discretion of the storing agent of the town.
(E) The proceeds of any sale shall be forwarded to the Town Clerk, who shall pay from the proceeds of the sale the cost of removal, storage, investigation as to ownership and sale, and liens in that order. If, after the sale, the ownership at the time of the removal is established satisfactorily to the Clerk, the owner shall be paid so much of the proceeds as remains after payment of the foregoing costs and liens. Otherwise, any remaining proceeds shall be deposited in the general fund of the town.
(F) An unclaimed junk vehicle may be destroyed or otherwise disposed of after 15 days. Notice shall be given within 15 days after final disposition to the division of motor vehicles that it was deemed a junk vehicle and disposed of as such. This notice shall fully and accurately describe the vehicle.
(G) Any proceeds derived from the disposition of junk vehicles shall be deposited in the general fund of the town.
(OC, § 8-3-7)