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New Jersey Statutes, Title: 39, MOTOR VEHICLES AND TRAFFIC REGULATION
Chapter 10A: Public auction of abandoned motor vehicles; notices required.
Section: 39:10A-5: Sale as barring claims of interest; remission of proceeds of sale
Upon the sale of a motor vehicle pursuant to the provisions of this act all claims of interest therein shall be forever barred and the proceeds realized therefrom after payment of the expenses of possession and sale, shall be remitted to the treasury of the public agency as its sole property.
L.1964, c. 81, s. 5.
This section added to the Rutgers Database: 2012-09-26 13:37:51.
Older versions of 39:10A-5 (if available):
Court decisions that cite this statute: